Question

what sum of money will become ₹11840 at the rate of 12% per annum in 4 years​

Answer 1

Answer:

22,769.2308

Step-by-step explanation:

let the sum = P

Given- amount= 11840

rate=12

time=4 years

p+si=amount

si=p×r×t/100

p×12×4/100

=p×12/25

si=p×12/25

p+p×12/25=11840

p+12p=11840×25

13p=296,000

p=296000/13

p=22,769.2308

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Answer 2

Answer:

8,000 rupees.

Step-by-step explanation:

Given,A=11,840 rupees

Let the principal (P) be 100 rupees.

Then,. I=P×R×T/100= 100×4×12/100 = 48 rupees

A= P+I = 100 rupees + 48 rupees = 148 rupees

If amount is 148 rupees,then the principal=100 rupees

If amount is 1 rupees,then the principal =100/148

If amount is 11,840, then the principal = 100/148×11,840/1

100 rupees×80=8,000 rupees

Hence,the sum is 8,000 rupees