Sadoba Patil borrowed some money for 4 years at simple interest. The rate of interest is 8%. If he returned Rs. 13,200 altogether at the end of 4 years, how much had he borrowed?
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Step-by-step explanation:
Let principal=x
Intrest= amount-x
Intrest = PRT/100
amount-x =PRT/100
13200 -x = x 4×8/100
13200 ={ (32/100)+1} x
13200 =132x/ 100
13200×100/132 = x
10000 = x
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