Question

Simple interest on an amount at 4% per annum for 13 months is more than.
the simple interest on the same sum for 8 months at 6% per annum by Rs. 40.
What is the principal amount?​

Answer 1

Answer:

12000

Step-by-step explanation:

No(0)(p*13*4)/(100*12) = (p*8*6)/(100*12)+40

52p = 48p + 40*100*12

4p = 40*100*12

p = 12000