the simple interest on a certain sum at 4 percent per annum for 4 years is rs 80 find the sum
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Answer:
see the explaination in attatchment
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Answer:
500rs
Step-by-step explanation:
Simple Interest (I) = 80rs,
Interest Rate (R) = 4%,
Time Period (T) = 4 years,
Principal Amount (P) = ?
Now,
Let Principal Amount (P) be x,
Simple Interest (I) = Principal Amount (P) x Interest Rate (R) x Time Period (T) / 100
Therefore,
Therefore the sum is 500rs.
I hope it helps you.
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