Question

The interest earned after 5 years for a certain sum under simple interest at 12% per annum is rs.6,240. Find the amount invested

Answer 1

Answer:

ans :7640

Step-by-step explanation:

simple intrest = ptr/100

then p= 6240*100/5*12

then we get p=1400

Amount = P+SI

then

Amount= 1400+6240

Amount=7640