Question

if the interest on a certain sum of money for 5 year is rupees 4000 find the principal if the rate of interest is equal to 8%​

Answer 1

Answer:

5,600 rupees

Step-by-step explanation:

principal:- rupees 4000

rate:- 8%

time:- 5 years

interest:- P×R×T

-----------

100

= 4000×8×5

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100

= 40∅∅×8×5

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1∅∅

=40×8×5

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1

=1,600 rupees

amount:- principal+interest

=(4000+1600) rupees

=5,600 rupees

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