simple interest = 3600rs. T= 4 years. R = 8% then find principle amount and total amount
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Answer:
P = Rs.11250
A = Rs.14850
Step-by-step explanation:
Given,
Simple Interest (SI) = Rs.3600
Time (T) = 4yrs
Rate % (R) = 8%
So,
SI =
⇒ 3600 =
⇒ P =
⇒ P =
⇒ P = 450 × 25
⇒ ∴ P = Rs.11250
So, Amount = SI + P,
⇒ A = 11250 + 3600
⇒ ∴ A = Rs.14850
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