Question

on a certain sum the intrest paid after 8 years is rs 450 at 5% rate of intrest per annum find the sum

Answer 1

Answer:

The Sum is 1225

Step-by-step explanation:

Answer 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.