1-. On what sum of money lent out at 9% per annum simple interest for 6 years does the simple interest amount to 810 .please solve this question and explain immediately........
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1-. On what sum of money lent out at 9% per annum simple interest for 6 years does the simple interest amount to 810 .please solve this question and explain immediately........
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Answer:
The principal is ₹ 1472.72.
Step-by-step explanation:
Let the sum of money i.e., principal be x
Amount = 810
Therefore, Interest = Amount - Principal
= 810 - x
Principal = S.I × 100 / R × T
X. = 810 - x × 100 / 9 × 6
= 810 - x × 100 / 54
54x = 810 - x × 100
55x = 810 × 100
55x = 81000
X = 81000 / 55 = 1472.72(answer).
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