A principal amounts to ₹11,880 after 4years and to ₹14,040 after 7years. Find the principal and rate of simple interest.
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14040-11880=2160
2160 si for 3 yr
for 1 yr 2160/3=720
amount=14040
principal=14040-720×7=14040-5040=9000
9000×4×r/100=720×4
r=8%
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2160 si for 3 yr
for 1 yr 2160/3=720
amount=14040
principal=14040-720×7=14040-5040=9000
9000×4×r/100=720×4
r=8%
please mark it as a brainliest
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0
Answer:
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