what some will amount to rs. 6,600 in four years at 8%per annum simple interest About the author Emery
Answer: p=Principal amount n=Number of years r=rate of interest Total amount=p+ 100 p×n×r Total amount=6600 n=4 years r=8% p.a We have to find the principal amount ⇒6600=p+ 100 p×4×8 ⇒6600=p+ 100 32p ⇒6600=p+ 25 8p = ⇒165000=33p ⇒p=5000 Reply
Answer:
p=Principal amount
n=Number of years
r=rate of interest
Total amount=p+
100
p×n×r
Total amount=6600
n=4 years
r=8% p.a
We have to find the principal amount
⇒6600=p+
100
p×4×8
⇒6600=p+
100
32p
⇒6600=p+
25
8p
=
⇒165000=33p
⇒p=5000