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Chapter :- Simple InterestCalculate the sum which amounts to Rs. 808 in
2 (1)/(2) \: yearsat
10 (1)/(2) \% \: p.a.

1 Answer

5 votes

To solve this question using simple interest, use the formula below.


A=P(1+rt)

Where:

A = Final amount.

P = Initia principal.

r = rate.

t = time.

In this exercise,

A = 808

P = to be found

r = 0.105

t = 2.5

Then, substituting the values:


\begin{gathered} 808=P\cdot(1+0.105\cdot2.5) \\ 808=1.2625P \end{gathered}

Dividing both sides by 1.2625:


\begin{gathered} (808)/(1.2625)=(1.2625)/(1.2625)P \\ 640=P \end{gathered}

Answer: the sum that amounts to 808 is 640.

User Paulo Cheque
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