Answers

2016-04-18T18:31:03+05:30
Let principle sum be x
Tme = 3 years
Rate = 3% per annum
SI = $36
SI =  \frac{P*R*T}{100}
36 =  \frac{x*3*3}{100}
x = 36* \frac{100}{9}
x = 400
So the sum that would yield interest of $36 is $400.
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