Question

.P= ?
R=9%
T=8 years
Interest= Rs 8,640
Amount = ______

Answer 1

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$\orange{\underline{\huge</p><p>{\bold{\textit{\green{\bf{Simple\:interest}}}}}}}$

$\frac{ p\times \: r \times t}{100} = simple \: interest$

Time =8 yrs, rate=8%

$\frac{ p\times9 \times8}{100} = 8640$

$p = \frac{8640 \times 100}{9 \times 8}$

$p = 120 \times 100$

Amount = 12000 ANS..

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