Question

what sum amouns to rs1044 in 4 years, at the rate of interest of 4%per annum​

Answer 1

Step-by-step explanation:

let's consider the principal amount or the sum as x and 100 %

the amount is x

the rate of Interest is 4% per annum

the time is 4 years

in 4 years with 4% rate of annum the Amount is actually 116 % of the sum or the principal amount , 1044

Therefore the principal amount is (1044 × 100)÷116

104400 ÷ 116

900 is the sum or the principal amount

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