Anil invested an amount for 3 years at a simp | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(C) Let the principal be $Rs. x$.We know that the Amount $(A) = 	ext{Principal} (P) + 	ext{Simple Interest} (SI)$.Given,$A = 19050$,$T = 3 	ext{ ye

Vedclass · Accepted Answer

$15000$

Vedclass · Answer

(C) Let the principal be $Rs. x$.We know that the Amount $(A) = 	ext{Principal} (P) + 	ext{Simple Interest} (SI)$.Given,$A = 19050$,$T = 3 	ext{ years}$,and $R = 9\% 	ext{ p.c.p.a.}$$SI = \frac{P 	imes R 	imes T}{100} = \frac{x 	imes 9 	imes 3}{100} = \frac{27x}{100}$.Substituting these into the formula $A = P + SI$:$19050 = x + \frac{27x}{100}$$19050 = \frac{100x + 27x}{100}$$19050 = \frac{127x}{100}$$127x = 1905000$$x = \frac{1905000}{127} = 15000$.Therefore,the principal amount invested is $Rs. 15000$.

Anil invested an amount for $3$ $years$ at a simple interest rate of $9$ $p.c.p.a.$ He got an amount of $Rs. 19050$ at the end of $3$ $years.$ What principal amount (in $Rs.$) did he invest?

Similar Questions

$A$ sum of ₹ $1,550$ is lent out in two parts,one at $8 \%$ and another at $6 \%$. If the total annual income is ₹ $106$,find the money lent at each rate.

In what time will ₹ $8100$ produce the same income at $3 \%$ as ₹ $225$ in $4$ years at $3 \%$?

If a sum of ₹ $9$ is lent to be paid back in $10$ equal monthly instalments of ₹ $1$ each,then the rate of interest is

$A$ sum of $Rs. 15000$ amounts to an interest of $Rs. 4500$ in $5$ years. What is the rate of interest (in percentage)?

$A$ sum of money invested at simple interest for two years at $5 \% \text{ p.a.}$ amounted to $Rs. 2750$. The rate at which the sum should have been invested to get $Rs. 300$ as interest after two years would be (in $\%$)?

Vedclass Test Series

Exam Paper Generator

Online Exam Module