Question

The interest paid on certain sum of money after 4 years at rate 6% per annum . After it the amount was ₹720 .
Find principal.

Answer 1

Answer:

Step-by-step explanation:

Amount = P + I

or,720 =P + (PTR)/100

or, 720 =P +(P*4*6)/100

or, 72000=100P + 24P

or, 72000/124=P

P=Rs. 580.645

Answer 2

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