what is the sum of money that will amount to ₹ 5105 in 6.5 years at 4.25 percent per annum simple interest?
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2
Step-by-step explanation:
i am anable to solve this problem
Answered by
5
Answer:
principal = 4000
Step-by-step explanation:
Let the principal be x
amount = Rs 5105
Year = 6.5 year (6 years and 6 months)
Rate of interest = 4.25%
SI = PTR/100
A = P+SI
5105 = x + (x×6.5×4.25/100)
5105 = x + 0.27625x
5105= 1.27625x
x = 5105/1.27625
x = 4000
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