Question

what sum amounts to rupees 1044 in 4 years, at the rate of interest of 4% per annum?


plz answer

Answer 1

Answer:

capital=6,525

Step-by-step explanation:

let capital be x

• here we are considering at simple interest at 4% per annum for 4 yrs
• so rate of interest for 4yrs will be 4*4=16%
• x*16%=1044
• x=1044*100/16
• x=6,525

Answer 2

$\huge\blue\star\underbrace\mathtt{\underline{\underline\red{Answer}}}$

$\huge{\underline{\overline{\green{Given :-}}}}$

Principal = Rs. 1044

Rate = 4 %

Time = 4 years

$\huge{\underline{\overline{\green{To find\::-}}}}$

We have to find the amount.

$\huge{\underline{\overline{\green{Formula\::-}}}}$

$\mathtt\pink{Simple \: Interest =\dfrac{Principal \times Rate \times Time}{100}}$

$\mathtt\red{Amount = Principal + Simple \: Interest}$

$\huge{\underline{\overline{\green{Solution \: :-}}}}$

Using the formula,

$\sf\orange{ \Longrightarrow Simple \: Interest = \dfrac{Principal \times Rate \times Time}{100}}$

Substitute the values,

$\sf\blue{ \Longrightarrow Simple \: Interest = \dfrac{1044 \times 4 \times 4}{100}}$

Multiply the numerator,

$\sf\blue{ \Longrightarrow Simple \: Interest = \dfrac{16704}{100}}$

Divide 16704 by 100,

$\sf\bold{ \Longrightarrow Simple \: Interest = Rs. 167.04}$

Now add the Principal and SI,

$\sf\bold{ \Longrightarrow Amount = Rs. \: 1044 + Rs. 167.04}$

Add,

$\sf\bold{ \Longrightarrow Amount = Rs. \: 1,211.04}$

∴ Thus, the amount is $\sf\bold\red{Rs. \:1211.04.}$

$\begin{gathered}\small\boxed{\begin{array}{cc}\large\sf\dag \: {\underline{More \: Formula}} \\ \\ \bigstar \: \sf{Principle :- \dfrac{SI \times 100}{R \times T}} \\ \\\bigstar \: \sf{Rate \: of \: Interest :- \dfrac{SI \times 100}{P \times T}} \\ \\ \bigstar \: \sf{Time :- \dfrac{SI \times 100}{P \times R}}\end{array}}\end{gathered}$