Question

Find the principal that will yield an interest of Rs.720 in 4 years at 8 % per annum.
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Answer 1

Step-by-step explanation:

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Answer 2

Question

Find the principal that will yield an interest of Rs 720 in 4 years at 8 % per annum.

Asked

• Principal

Using

Principal = P

Simple Interest = SI

Time = T

Rate = R

Formula Used

P = SI × 100/ T × R

Answer

Rs 2250

Solution

Given,

SI = 720

T = 4 year

R = 8% per annum

So,

P = SI × 100/ T × R

P = 720 × 100/ 4 × 8

P = Rs 2250

【P = Rs 2250】

Answer Completed

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