Question

the interest paid on certain sum after 4 years at 7% rate of the interest per annum is rupees 6050 find the sum​

Answer 1

Answer:

Rs.21607.14

Step-by-step explanation:

Interest = ₹6050

Time Period = 4years

Rate = 7%

Now, the only missing thing is the principal which you didn't write in question.

So, we know the Formula of Simple Interest=p*r*t/100

6050=p*7*4/100

p=6050*100/7*4

p=6050*25/7

p=151250/7

p=21607.14

Answer 2

Answer:

The interest paid on certain sum after 4 years at 7% rate of interest per

annum is rupees 6050 find the sum.