What sum of money will Rs 170 10 as simple interest in 2 year 3 months at 6% per - Maths - Exponents and Powers

Question

What sum of money will Rs 170 10 as simple interest in 2 year 3
months at 6% per annum?

Varun Rawat · Accepted Answer

Let the principal, P = Rs xRate, R = 6% p
a
Time, n = 2 yr 3 months = 2312 yrs = 214 yrs = 94 yrsSI = Rs 170
10⇒PRT100 = 170
10⇒x × 6 × 94 × 100 = 170
10⇒54x4×100 = 17010100⇒x = 1260So, Principal, P = Rs 1260

What sum of money will Rs. 170.10 as simple interest in 2 year 3 months at 6% per annum?