Advertisements
Advertisements
प्रश्न
Find the principal which will amount to Rs. 4,000 in 4 years at 6.25% Per annum.
Advertisements
उत्तर
Given:
- Final amount (A) = ₹4,000,
- Time (T) = 4 years,
- Rate of interest (R) = 6.25% per annum.
Formula for Simple Interest:
`A = P (1+(R.T)/100)`,
where
- A = Final amount,
- P = Principal.
Rearranging to find P:
`P=A/(1+(R.T)/100)`
`P=4000/(1+(6.25·4)/100)`
`P = 4000/1.25`
P = 3200.
APPEARS IN
संबंधित प्रश्न
Find the interest and the amount on:
₹ 5,000 at 8% per year from 23rd December 2011 to 29th July 2012.
In how many years will Rs.950 produce Rs.399 as a simple interest at 7%?
Stephen invested ₹ 10,000 in a savings bank account that earned 2% simple interest. Find the interest earned if the amount was kept in the bank for 4 years
If a principal is getting doubled after 4 years, then calculate the rate of interest. (Hint: Let P = ₹ 100)
Given the principal = Rs 40,000, rate of interest = 8% p.a. compounded annually. Find
- Interest if period is one year.
- Principal for 2nd year.
- Interest for 2nd year.
- Amount if period is 2 years.
Rajni and Mohini deposited ₹ 3000 and ₹ 4000 in a company at the rate of 10% per annum for 3 years and `2 1/2` years respectively. The difference of the amounts received by them will be ______.
Interest on ₹ 12500 at 18% per annum for a period of 2 years and 4 months is ______.
What sum of money lent out at 16 per cent per annum simple interest would produce ₹ 9600 as interest in 2 years?
In how many years will the simple interest on a certain sum be 4.05 times the principal at 13.5 per cent per annum?
