What sum will amount to 6,600 in
4
years at 8% per annum simple interest ?
(A) 6,000 B) 5,000
(C) 4,000 (D) * 6,200
Answers
Answered by
14
Answer:
(B)5000
Step-by-step explanation:
Amt=6600
R=8%
T=4 years
Interest=PRT/100
=P*8*4/100
=32P/100
Amount=P+I
6600=P+32P/100
6600=132P/100
6600*100/132=P
5000=P
Similar questions