Question

what sum of money will produce ₹143as internet in 4 years at 5% simple interest ?​

Answer 1

the sum will be715+143-858

Answer 2

Hi, friend hope my answer helps you :)

Interest = Rs. 143

Rate = 5%

Time = 4 years

Let Principal i.e Sum be Rs. S

According to problem:-

=> 143 = S * 5 * 4/100

=> 14300 = 20S

Therefore S = 14300/20 = Rs. 715 (Answer)