Question

What amount will sum up to Rs. $780$ at $10$% p.a. in SI in $3$ years?

• A. $500$
• B. $600$
• C. $700$
• D. $650$

Answer 1

Answer: (B)

$600$

$A=SI+P$

$A=P[\frac{r\times t}{100}+1]$

$⟹780=P[\frac{10\times 3}{100}+1]=\frac{13P}{10}⟹P=600$