Question

Seth invested a certain amount of money and got back an amount of ₹8400 . If the bank paid an interest of ₹700 , find the amount Sam invested .




Guys please explain with steps .... Please ​

Answer 1

Answer :

Step-by-step explanation:

Given :

Amount: ₹8400

Simple interest: ₹700

Find: Amount invested (principal)

Using the formula (Prinicipal = A - SI) we substitute the values that is principal = 8400-700 =  ₹7700

Thus, the amount invested by Sam is ₹7700.

Hope it helps :)