what sum would yield an interest of rs 400 in 3 years at 3% per annum
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Answered by
7
Answer
Let the principle sum = x
Time "n" = 3 years
Rate = 3% per annum
Simple Interest = 36
Simple Interest = P x R x T/100
36 = x. 3 x 3/100
x = 36 x 100/9
x = 400
Hence the sum that would yield interest is 400.
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Answered by
0
Answer:
I- 400
time-3 years
rate- 3%
400X100/3X3= 40,000/9 *do long division*
=4444.44
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