Find the sum that amounts to Rs 9,144 in 3 years at 9% per year simple interest.​

Given:

Amount = Rs. 9,144

Time = 3 years.

Rate of simple interest = 9%

To find:

The principal value.

Solution:

The formula for simple interest is:

Where, P is principal, r is the simple rate of interest, and t is the number of years.

Putting in the above formula, we get

We know that,

Divide both sides by 1.27, we get

Therefore, the principal value is Rs. 7200.

1,918

step-by-step explanation:

the answer to this question is 3/19

step-by-step explanation: