Question

A sum of money invested at simple interest amounts to rs. 6192 at the end of six years and to rs. 8784 at the end of ten years. Find the principal./

Answer 1

Answer:

p=(1+r/n)

p =1+14976/16

p=14992/16

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Answer 2

The principal is Rs. 1944.

Step-by-step explanation:

Since we have given that

Simple interest amount at the end of 6 years = Rs. 6192

Simple interest amount at the end of 10 years = Rs. 8784

So, According to question, it becomes,

$8784--------------10\\\\6192---------------6\\\\--------------------------\\\\2592--------------4$

So, in 1 year, simple interest becomes,

$\dfrac{2592}{4}\\\\=648$

So, Principal would be

$2592-648=Rs.\ 1944$

Hence, the principal is Rs. 1944.

# learn more:

A sum of money invested at simple interest amounts to rs. 6192 at the end of six years and to rs. 8784 at the end of ten years. Find the principal./

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