Question

Kritika borrowed a sum of money from a private bank at 6.5% annual interest which amounted to ₹42840 at the end of 4 years. What was the original sum borrowed by her?

Answer 1

Answer:

SIMPLE INTEREST = $\frac{P*R*T}{100}$

42840 = $\frac{P*6.5*4}{100}$

42840 = $\frac{P*26}{100}$

P = $\frac{42840*100}{26}$

P = ₹ 164770

SO THE PRINCIPLE OR ORGINAL SUM OF MONEY SHE BORROWED WAS ₹ 164770

Step-by-step explanation:

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Answer 2

Answer:

164770

Step-by-step explanation:

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