document.write( "Question 1010967: What sum of money lent out at simple interest will amount to Rs 3700 in 4 years at 1% per month \n" ); document.write( "
Algebra.Com's Answer #626482 by macston(5194)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( "total interest = (1%/month)(12 months/year)(4 years)=48% \n" ); document.write( ". \n" ); document.write( "Let X = original amount \n" ); document.write( "original amount + interest = final amount \n" ); document.write( "X + 0.48X = Rs 3700 \n" ); document.write( "1.48X = Rs 3700 \n" ); document.write( "X=Rs 3700/1.48 \n" ); document.write( "X=Rs 2500 \n" ); document.write( "ANSWER: The original loan amount is Rs 2500. \n" ); document.write( " \n" ); document.write( " |