CUET Preparation Today
CUET
General Aptitude Test
Numerical Ability
Simple Interest
The simple interest on a certain sum at the rate of 16.25% p.a. for 4 years is Rs.12600 less than principal. Find the principal.
37800
36000
23400
40000
\(\frac{P\;×\;16.25\;×\;4}{100}\) = P - 12600
⇒ \(\frac{35P}{100}\) = 12600
⇒ P = 36000