Question

What sum of money amounts to rupees 545 4 at 8% BA in 30 months​

Answer 1

Answer:

let sum of money be x

amount=rupees5454

rate=8%

time=30 months

convert month into year

30/12=5/2 years

Step-by-step explanation:

interest=p*t*r/100

=x*5*8/100*2

=40x/200

=x/5

so to find principal use formula

amount=principal +interest

5454=x+x/5

5454=5x+x/5

5454*5=6x

27270/6=x

4545=x

therefore ,sum of money(principal)=rupees.4545

Hope this helps u!!