Question

An amount of Rs.2400 at 15% simple interest per annum after 4 years find the principal​

Answer 1

Step-by-step explanation:

Given Principal (P) = Rs. 2400 Rate (R) = 9%

Time (T) = 3 years 5 months and 15 days =

24

83

years

To find simple interest and he amount Simple interest =

100

PRT

=Rs.2400×

100

9

×

24

83

=Rs.747

And the amount = Rs.2400 + Rs. 747 = Rs. 3147