Question

on what principal will the simple interest be rs 7008 in 6 years 3 months at 5% per year

Answer 1

Here is your answer in the attachment

Hope it helps you

Answer 2

simple interest = P × N × R / 100
S.I = 7008
p = ?
n = 6.25
r = 5%

S.I = P × N × R / 100
7008 = P × 6.25 × 5 / 100
P = 7008 × 100 / 31.25
P = 22425.60 is the answer