Find simple interest on Rs 6600 at 8 percent per annum for a month.
Answers
Answered by
0
Step-by-step explanation:
p=Principal amount
n=Number of years
r=rate of interest
Total amount=p+
100
p×n×r
Total amount=6600
n=4 years
r=8% p.a
We have to find the principal amount
⇒6600=p+
100
p×4×8
⇒6600=p+
100
32p
⇒6600=p+
25
8p
⇒165000=33p
⇒p=5000
Similar questions