on a certain sum the intrest paid after 8 years is rs 450 at 5% rate of intrest per annum find the sum
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Answered by
1
Answer:
The Sum is 1225
Step-by-step explanation:
Answered by
2
Step-by-step explanation:
Interest=450
Rate=5%
Time=8years
Principle=?
Principle=(Interest×100) ÷ (Rate×Time)
=(450×100) ÷ (5×8)
= 45000 ÷ 40
=1125
therefore, sum paid after 8 years = 1125 + 450 = 1575.
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