What sum will yield Rs.406 as simple interest in 1 year 2 months at 61
4
% per annum? in detail
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Let the sum borrowed be P.
: .
P×14×61 / 4×100 = 406
=> P×854 / 400 = 406
=> P×427 / 200 = 406
=> P×427 = 406×200 = 81200
=> P = 81200/427
= 190 70/427
: . The sum borrowed is Rs. 190 70/427.
: .
P×14×61 / 4×100 = 406
=> P×854 / 400 = 406
=> P×427 / 200 = 406
=> P×427 = 406×200 = 81200
=> P = 81200/427
= 190 70/427
: . The sum borrowed is Rs. 190 70/427.
8BIT:
: . is therefore
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