Find the sum of money that amount 992 in 4years at 1%

Mathematics

2 answers:

Delicious77 [7]2 years ago

7 0

Answer:

Step-by-step explanation:

$Solution,\\Amount(A)=992\\Time(T)=4 years\\Rate(R)=1percent\\As,\\\\A=P+I\\\\992=P+\frac{PTR}{100} \\\\992=P+\frac{P*4*1}{100} \\\\992=\frac{100P+4P}{100} \\\\99200=104P\\\\P=\frac{99200}{104} \\\\P=953.84$

MrRissso [65]2 years ago

3 0

Answer: A=992 P=100/124=800

Step-by-step explanation: Let the sum be 100

Interest =P*R*T/100 = * 4*6/100=24

amount =P+I

100+24

when A =124 P=100

When A=992 P=100/124=800

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