Question

Mr mehta borrowed a sum of money at 8 per annum if he paid rupees 640 as interest after 5 years 4 month, find the sum borrowed by him

Answer 1

Here your answer goes

Step :- 1

Rate = 8%

Time  taken = 5 years 4 month

4 months can be written as 4/12

==> 1/3

==> 0.33

So , 5 years 4 months is equivalent to 5.33

Step :- 2

S I = P * R * T /100

==>> 640 = P * 8 * 5.33 / 100

===>> P = $\frac{100 * 640 }{5 .33 * 8 }$

===> P =  96060.03

→→→ Be Brainly

Together we go far

Answer 2

hope it will help u !!!!!!!!