A sum of money amounted to ? 2520 at 10% per annum in 4 years. Find the sum.
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Answers
Answered by
12
Answer:
1800
Step-by-step explanation:
Given,
A = 2520, R = 10%, T = 4 years
We know that,
A = P(1 + TR/100)
=> 2520 = P(1 + 40/100)
=> 2520 = P(140/100)
=> 2520 * 100 = 140P
=> 252000 = 140P
=> P = 1800
Therefore, Sum = 1800
Hope it helps!
Answered by
1
The Principal amount is ₹1800.
Given:
- A sum of money amounted to ₹2520.
- At 10% per annum in 4 years.
To find:
- Find the principal amount.
Solution:
Concept/formula to be used:
Step 1:
Write the given values.
Let the principal amount is ₹P.
So,
According to the question,
Step 2:
Find the principal amount.
Put the values in formula of simple interest.
Thus,
Principal amount is ₹1800.
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