Question

A certain sum of money invested for 5 years at 8%p.A. Simple interest ,earns an interest of rs 12000.Find

Answer 1

Answer:

The sum of money i.e., principal was 30,000.

Step-by-step explanation:

Principal = S.I. × 100 / R × T

= 12,000 × 100 / 8 × 5

= 30,000(answer).

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Answer 2

Answer:

30000

Step-by-step explanation:

let the sum of money = X

use the formula

$si = (p \times r \times t) \div 100$

as per the condition

12000 = (X ×8 ×5 ) ÷100

X = ( 12000×100)÷40

so X = 30000Rs

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