1. what principal will amount to Rs 900 in 6 years at 10% simple interest?

Dear Student!

Let the sum of money,Rs P amounts to Rs 900 in 6 years at 10% simple interest.

Here A = Rs 900, t = 6 and r = 10

We know that,

Thus, the required sum of money is Rs 562.50.

Cheers!

  • 9

P=100 I/TR

P=100*900/6*10

P=9000/6=3000/2

P=1500 Rs

  • 2
What are you looking for?