Find the rate and ammount
P = 12485
SI = 8490
T = 4 year
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Answer:
Step-by-step explanation:
Given => principle(P) = 12485
Simple Intrest (SI) = 8490
time(T) = 4years
rate (R) =x
amount(A) = y
So,
SI = P * R * T / 100
8490 = 12485 * x * 4 / 100
x = 8490 * 100 / 49940
x = 849000/49940
x = 17.004
Rate = 17.004%
Amount = Principle + Simple Intrest
y = 12485 + 8490
y = 20975
Amount = Rs20975
Hope you understand.
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