A sum of money at simple interest amounts to 3300 in 2 years and to 3750 in 3 years. What was the sum of

July 2023 1 2 Report

A sum of money at simple interest amounts to 3300 in 2 years and to 3750 in 3 years. What was the sum of money?

Answer:

1950

Step-by-step explanation:

SI for 1 year = 3750 - 3300

=450

SI for 3 years = 450 × 3

=1350

Principal = 3300 - 1350

= 1950