Question

Firoz invested a sum of money at an annual simple interest rate of 10%. At the end of 4 years, the amount received by Firoz was 7700. What was the sum invested?​

Answer 1

Answer:

Step-by-step explanation:

A=7700

R=10%

T=4yrs

P=A×100/R×T

P=7700×100/10×4

P=770×25

P=19250

Hence the sum invested is 19250