If the simple interest on a certain sum of money @ 4% for 5
years is Rs. 800, find the sum.
Rs. 4,000
Rs. 9,000
Rs. 12, 000
None of these
Answers
Answered by
1
Answer:
4000 Rs
Step-by-step explanation:
SI = PTR
100
SI = Rs. 800
P = k ( we have to find it)
T = 5 years
R = 4%
According to the formula,
800 = P*5*4
100
Simplify and you get,
P/5 = 800
P = 800*5
P= 4000 Rs
Hope this helps you..
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