If a certain sum of money at 5% per annum simple interest amounts to ₹810 in 2
2
1
years, then the certain sum is:
- A₹740
- B₹750
- C₹720
- D₹730
Solution & Step-by-step Explanation
Given:
Amount (A) = ₹810
Rate (R) = 5% per annum
Time (T) = 2
2
1
=2.5 years
The relation between Amount (A) and Principal (P) under simple interest is:
A=P+SI=P+
100
P×R×T
=P(1+
100
R×T
)
Substituting the values:
810=P(1+
100
5×2.5
)
810=P(1+
100
12.5
)
810=P(1+0.125)
810=1.125P
P=
1.125
810
=
1125
810000
=720
Therefore, the principal sum is ₹720.
Amount (A) = ₹810
Rate (R) = 5% per annum
Time (T) = 2
2
1
=2.5 years
The relation between Amount (A) and Principal (P) under simple interest is:
A=P+SI=P+
100
P×R×T
=P(1+
100
R×T
)
Substituting the values:
810=P(1+
100
5×2.5
)
810=P(1+
100
12.5
)
810=P(1+0.125)
810=1.125P
P=
1.125
810
=
1125
810000
=720
Therefore, the principal sum is ₹720.