SI= 60 R=5% T= 3 years full solution

1.	SI= 60 R=5% T= 3 years full solution
Answer» Step-by-step EXPLANATION: *Given:- SI= 60* ,*R=5%, T= 3* *years* To *find:- Principle* *and* *amount.* *Solution:- Simple* *INTEREST* (*SI)=60 Rate* of *Interest* (R)=5% *Time(T)=3 years* *Let* *the* *principle* =P We *know* *that* , I=*PTR/100* =>P=100I/TR =>P=(100×60)/(5×3) =>P=100×4 =>P=400 Amount=Principle+Simple Interest =>A=400+60 A=460 Answer:- Principle=400 Amount=**460

Answer»

Step-by-step EXPLANATION:

Given:-

SI= 60 ,R=5%, T= 3 years

Principle and amount.

Simple INTEREST (SI)=60

Rate of Interest (R)=5%

Time(T)=3 years

Let the principle =P

We know that , I=PTR/100

=>P=100I/TR

=>P=(100×60)/(5×3)

=>P=100×4

=>P=400

Amount=Principle+Simple Interest

=>A=400+60

A=460