A sum was put at simple interest at certain rate for 3 years. Had it been put at 3% lesser ratio,it would have fetch Rs.500 less.Find the sum.
Question
Solution 1
Sure, let's solve this step by step.
Step 1: Understand the problem The problem is about simple interest. We know that the formula for simple interest is I = PRT/100, where P is the principal amount (the sum of money), R is the rate of interest, and T is the time in years.
Step 2: Set up the equa 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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