Question

What sum of money will produce rupees 143 as interest in 4 years at 5% simple interest?​

Answer 1

Answer:

si= p*r*t /100

143=p*5*4/100

143=p/5

p=143*5

p=725

Answer 2

Given - Interest, rate and time

Find - simple interest

Solution - The sum of money, as per the given information, is Rupees 715

The principal can be calculated using the formula - Simple Interest = principal*rate of interest*time/100

Keep the values in the formula to find the value of the principal.

Principal = 143*100/5*4

Principal = 143*5

Principal = Rupees 715

So, the sum of Rupees 715 will yield a given interest amount.

Answer 3

Given - Interest, rate and time

Find - simple interest

Solution - The sum of money, as per the given information, is Rupees 715

The principal can be calculated using the formula - Simple Interest = principal*rate of interest*time/100

Keep the values in the formula to find the value of the principal.

Principal = 143*100/5*4

Principal = 143*5

Principal = Rupees 715

So, the sum of Rupees 715 will yield a given interest amount.