Question

4. Answer the following questions (any ten):
As a result of change of the rate of somple interest from 4% to 3 3/4% per
annum, Bimal Babu looses Rs 60 per year. What was bus principal?​

Answer 1

hii mate ,

simple or somple

say clearly

Answer 2

Answer:

24000

Step-by-step explanation:

Difference of Interest = 4 - 3.75 = 0.25%

Now, 0.25% is equal to Rs. 60

Thus, Principal amount = 60/0.25% = 60/0.0025 = Rs. 24000