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 The interest on a certain amount of money at 8 % per year for a period of 4 years is Rs 512 . Find the sum of money. [ Calculator, Method and examples ]Solution:Your problem -> The interest on a certain amount of money at 8 % per year for a period of 4 years is Rs 512 . Find the sum of money.Here SI = Rs. 512, N = 4 years, R = 8 % SI = (P*R*N)/100P = (SI*100) / (R*N)P = (512 * 100 ) / ( 8 * 4 ) = 1600 The sum of money is Rs. 1600 .

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