the sum which will earn a simple interest of Rs 126 in two years at 14% per annum is
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Answered by
3
Answer:
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Step-by-step explanation:
Rate oSince we have given that
Simple interest = Rs. 126
Time = 2 years
Rate of interest = 14% p.a.
According to question, we get that
Hence, the sum would be RS. 450.
# learn more:
The sum that earns a simple interest of 126 in 2 years at 14% isf interest = 14% p.a. Hence, the sum would be RS. 450.
Answered by
0
We Got Ur Question, Just follow These Simple Steps!
___________________________________
Principal= Interest *100/rate *time
principal=126*100/14*2
Therefore,
principal= Rs504
___________________________________
Hope It Helps!
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