The simple interest on a sum of money will amount to
Rs. 2,904 in 4 years at 11% p.a. simple interest. The sum
is Rs._________.
Answers
Answered by
0
Answer:
MARK ME AS BRAINLIEST
Step-by-step explanation:
Simple Interest= Principal into Rate of Interest into No. of Years/100
SI=2904 into 11 into 4/100
SI=1277.76 is the Simplest Interest
Answered by
0
Answer:
the sum is Rs. 2016.67
Step-by-step explanation:
SI =p*r*t / 100
a=SI + p
where SI is simple interest
p is principal of sun
r is rate of interest
t is time period
a is amount
SI = p * 11 *4 / 100
SI = 44/100 p = 0.44 p
a=SI + p
2904 = SI +p
2904 = 0.44 p + p
2904=1.44p
2904/1.44 = p
2016.666=p
p = 2016.67 (rounding off to two decimals)
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