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A sum invested at 5% per annum on Simple Interest becomes Rs.645 in 1.5 years. Find the sum. 5.?
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A sum invested at 5% per annum on Simple Interest becomes Rs.645 in 1....
Given Data:
- Rate of interest = 5%
- Time = 1.5 years
- Simple Interest = Rs. 645

Let the principal amount be x.

Calculating Simple Interest:
Simple Interest = (Principal x Rate x Time) / 100
645 = (x x 5 x 1.5) / 100
645 = 7.5x / 100
x = (645 x 100) / 7.5
x = Rs. 8600
Therefore, the principal amount invested was Rs. 8600.
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A sum invested at 5% per annum on Simple Interest becomes Rs.645 in 1.5 years. Find the sum. 5.?
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