what sum will amount to ₹ 6,600 in 4 years at 8% per annum simple interest ?
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⠀⠀⠀⠀Let the principal be x Rs.
⠀⠀⠀⠀Amount= 6600Rs.
⠀⠀⠀⠀Rate of interest= 8%.
⠀⠀⠀⠀Time= 4years.
⠀⠀⠀⠀S.I=Amount - principal.
⠀⠀⠀⠀(P*R*T)/100= 6600-x.
⠀⠀⠀⠀(x*8*4)/100=6600-x.
⠀⠀⠀⠀32x=(6600-x)100.
⠀⠀⠀⠀32x= 660000- 100x.
⠀⠀⠀⠀100x+32x=660000.
⠀⠀⠀⠀132x=660000.
⠀⠀⠀⠀x=660000/132.
⠀⠀⠀⠀x= 5000Rs.
⠀So Principal= 5000Rs.
Hope it helps.
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