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The simple interest on a certain sum for...

The simple interest on a certain sum for 3 years at 10% per annum is Rs. 829.50. Find the sum.

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To find the principal sum (P) given the simple interest (SI), rate (R), and time (T), we can use the formula for simple interest: \[ SI = \frac{P \times R \times T}{100} \] ### Step-by-Step Solution: 1. **Identify the given values:** - Simple Interest (SI) = Rs. 829.50 - Rate (R) = 10% per annum - Time (T) = 3 years 2. **Substitute the known values into the formula:** \[ 829.50 = \frac{P \times 10 \times 3}{100} \] 3. **Simplify the equation:** - First, calculate \(10 \times 3 = 30\). - The equation now looks like: \[ 829.50 = \frac{P \times 30}{100} \] 4. **Multiply both sides by 100 to eliminate the fraction:** \[ 829.50 \times 100 = P \times 30 \] \[ 82950 = P \times 30 \] 5. **Now, divide both sides by 30 to solve for P:** \[ P = \frac{82950}{30} \] 6. **Calculate the value of P:** \[ P = 2765 \] 7. **Conclusion:** The principal sum (P) is Rs. 2765.
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