Find the sum that amounts to Rs. 18,900 in 4 years at 13/2% per year simple interest.
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Answered by
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according to question we have to find the sum that amounts to Rs. 18,900 in 4 years at 13/2% per year simple interest.
Given : A = Rs.18900 T = 4 Yrs R = 13/2%
let sum be .
Then we know that , S.I =
Therefore,
=
as we know , Amount = ( P + S.I )
Amount =
18900 =
on solving we get ,
Hence , Rs.15000 is the required sum.
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