Question

1. What sum will amount to 6,600 in 4 years at 8% per annum simple
interest?
(A) 6,000 (B) 5,000 (C) * 4,000 (D) 6,200​

Answer 1

Answer:

Hence the sum which will amount to Rs 6,600 @ 8% per annum for 4 years at simple interest is Rs. 5000.

Answer 2

Step-by-step explanation:

(b)5000 is correct ans

asA=P+P×R×T/100

6600=P+P×32P/100

6600=132P/100

P=5000