A certain sum of money amounts to Rs 880 in 2 years at theannual rate of 5% simple interest. Find the sum.Rs 800Rs 850Rs 820Rs 780
Question
Solution 1
To solve this problem, we need to use the formula for simple interest which is I = PRT/100, where I is the interest, P is the principal amount (the sum we are trying to find), R is the rate of interest, and T is the time.
From the problem, we know that the total amount after 2 years is Rs 880. This Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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