Question

what sum of money lent out at simple interest will become rs.3700in 4 years at 12% per year?​

Answer 1

Answer:

P= SI*100)/RT

= 100x/4*12= 25x/12

A= si +p

3700 = x+ 25x/12

3700 = 37x/12

37x = 12*3700

x= 12*3700/37 = 1200

Si=1200

P= A-si

= 3700-1200 = 2500

So, P=2500

Step-by-step explanation: