What sum will earn an interest of Rs. 360 in 4 years, at 8% per year?
Answers
Answered by
0
Answer:
intrest - Rs . 360
time 4s
rate. 8 %
principal. =?
formula we use :
principal = intrest × 100
------------------
rate × time
then we get
360 ×100
-------------
4 × 8
1125 is an answer.
May be this anser is correct.
Answered by
0
Step-by-step explanation:
P=principal amount
n=number of year
r=rate of interest
Total amount=P+p ×n×r/100
Total amount= 6600
n= 4 years
r=8%p.a
We have to find the principal amount
=6600= P+p×4 ×8/100
6600=p+ 32p/100
6600=p+8p/25
165000= 33 p
Hence , p= 5000
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