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Question
Mathematics
The simple interest accrued on a sum at the end of 4 years at 8.75 % is Rs. 21.875 . The sum is
Q. The simple interest accrued on a sum at the end of 4 years at
8.75%
is Rs. 21.875 . The sum is___
34
145
Simple Interest and Compound Interest
Report Error
Answer:
62.5
Solution:
Here; S.I. = Rs.
21.875
;
P
=
8.75%
p.a.;
T
=
4 years
Let the sum be Rs.
P
Then,
P
=
R
×
T
100
×
S.I.
=
8.75
×
4
100
×
21.875
=
Rs. 62.5
The required sum
=
Rs. 62.5