Sam invested a certain amount of money and got back an amount of Rs. $5000$ . If the bank paid an interest of Rs. $2700$ , find the amount Sam invested.

1300

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2300

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4300

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3300

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Solution

The correct option is B $2300$
Here, we have given $Amount (A) =$ Rs. $5000$ and $Interest (I) =$ Rs. $2700.$
We have to calculate invested money means principal amount so, we know $A = P + I$
So, $P = A - I$
$\Rightarrow$ $P =$ Rs. $5000 -$ Rs. $2700 =$ Rs. $2300$ .
Therefore, the amount Sam invested is Rs. $2300$ .

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Sam invested a certain amount of money and got back an amount of Rs. 5000. If the bank paid an interest of Rs. 2700, find the amount Sam invested.

The correct option is B 2300Here, we have given Amount(A)= Rs. 5000 and Interest(I)= Rs. 2700.We have to calculate invested money means principal amount so, we know A=P+ISo, P=A−I⇒ P= Rs. 5000− Rs. 2700= Rs. 2300.Therefore, the amount Sam invested is Rs. 2300.

Sam invested a certain amount of money and got back an amount of Rs. $5000$ . If the bank paid an interest of Rs. $2700$ , find the amount Sam invested.