a sum ammount to $2400 at 15% simple interest per annum after 4 years find the sum
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249600 is the amount and 93600 is SI
$3480 is the amount in dollar
$3480 is the amount in dollar
jasleen1d:
no sorry the answer is supposed to be 1500 idk how tho
Answered by
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let the principal be p
given:
amount=$2400
time=4years
rate=15%
SI=ptr÷100
SI=4×15×p÷100
SI=3p÷5
3p÷5+p=2400
8p÷5=$2400
p=$2400×5÷8
p=300×5
p=1500
therefore principal=$1500
given:
amount=$2400
time=4years
rate=15%
SI=ptr÷100
SI=4×15×p÷100
SI=3p÷5
3p÷5+p=2400
8p÷5=$2400
p=$2400×5÷8
p=300×5
p=1500
therefore principal=$1500
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