what sum will amount to rs 13986 in 5years at8 percent per anum rate of interest
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Let the sum be Rs P
A=13986
T=5yrs
R=8%p.a.
S.I=A-P= Rs13986-P
Now,S.I.=P×R×T/100
13986-P = P×8×5/100
10(13986-P) = 4P
139860-10P = 4P
139860 = 14P
P = 139860÷14
P= 9990
Thus the sum is Rs 9990
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