If the simple interest on a Sum of money lent at 6.5%per Ann for 1 year and 11 month is 897 .fing  the sum of money

Asked by pigeet1890 | 9th Oct, 2019, 08:42: PM

Expert Answer:

straight I equals Pnr over 100
897 equals fraction numerator straight P cross times open parentheses 1 plus begin display style 11 over 12 end style close parentheses 6.5 over denominator 100 end fraction
straight P equals Rs. space 7200

Answered by Arun | 11th Oct, 2019, 10:14: AM

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