Question

what sum of money will produce rs.143 as interest in 4 years at 5℅ simple interest.​

Answer 1

Answer:

sI=prt/100

143x5x4/100

=28.6

Answer 2

Answer:

Principal will be Rs 715.

Step-by-step explanation:

It is given in the question that,

simple interest= 143

simple interest= 143rate of interest=5%

simple interest= 143rate of interest=5%time =4 years

and we have to calculate the

principal=?

formula used:

simple interest= (principal* rate of interest*time)/100

now using the values of simple interest, time and rate of interest in the formula we get the following, putting them in the formula we get,

143= ( principal*5*4)/100

(143*100)/20= principal

principal

= 143*5

=715

The principal comes out to be Ra 715.

Hence the principal will be Rs 715.

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