Simple interest is ₹1,260 at 7% per annum in 3 years. Find the principal.

Problem Statement

Explanation

Principal equals interest times one hundred over rate times time. One thousand two hundred sixty times one hundred over twenty one equals six thousand.

Code Solution

SolutionRead Only

P = SI×100/(R×T) = 1260×100/(7×3) = 6000

Practice Sets

This question appears in the following practice sets:

Simple & Compound Interest

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Simple interest is ₹1,260 at 7% per annum in 3 years. Find the principal.

Problem Statement

Explanation

Code Solution

Practice Sets

Related Questions

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More from Aptitude & Reasoning

Master Interviews Anywhere, Anytime

Simple interest is ₹1,260 at 7% per annum in 3 years. Find the principal.

Problem Statement

Explanation

Code Solution

Practice Sets

Related Questions

What is the sum of first 50 natural numbers?

Find the HCF of 12 and 18.

Find the LCM of 12 and 18.

Simplify: 25 + 15 × 3 - 10 ÷ 2

A number when divided by 5 leaves remainder 3. What will be the remainder when the square of this number is divided by 5?

More from Aptitude & Reasoning

Master Interviews
Anywhere, Anytime