The simple interest at 8% , for a
fixed deposit at the end of 4 years
was Rs. 640, then the principal of
the fixed deposite was
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12
Answer:
SI = ptr÷ 100
640= p×4×8 ÷ 100
- 640=p×32 ÷ 100
- 640= p×8÷ 25
- 640×25= p×8
- 640×25÷8= p
- 80×25=p
- p=2000
the principal was 2000
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