A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to Rs 250 less than the sum lent. What was the sum lent (in Rs)?
A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to Rs 250 less than the sum lent. What was the sum lent (in Rs)? 1). 1000 2). 1500 3). 2400 4). 3000
2 answers
Answered by
Guest on
2018-01-26 18:56:35 | Votes
0 |
#
option 1 is the right answer
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Answered by
Guest on
2018-05-02 17:45:38 | Votes
3 |
#
Here is the right answer
$\frac{principal\times time\times rate}{ 100}$
the sum lent (in Rs)= 1000
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