Date
1.What sum will amount to ₹6600 in 4 yrs at
8 % p. a simple interest ?
A. ₹6000
B. ₹5000
C. ₹4000
D. ₹6200
Answers
Answered by
44
What sum will amount to ₹6600 in 4 years at 8 % p.a. simple interest ?
Given:-
Amount = ₹6600
Rate = 8%
Time = 4 years
To find:-
Principal = ?
Solution:-
Let the Principal be 'x'.
We know that,
I =
Here, we have
I = =
Amount A is given by:-
A = I + P
Hence,
A = + P =
But, Given that A = 6600
Hence,
= 6600
Multiplying both sides by 25,we get
33x = 25×6600
Dividing both sides by 33,we get
x = = 25 × 200 = 5000
The sum which will amount to ₹6600 at the rate 8 % per annum for 4 years at simple interest is ₹5000.
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Answer:
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Step-by-step explanation:
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