Answer:
Solution given:
principal [P]=P
time [T]=4 years
Rate [R]=13%
compound amount=18900
Simple interest=P-18900
we have
simple interest=[tex] \frac{P*T*R}{100} [/tex]
P-18900=[tex] \frac{P*4*13}{100} [/tex]
100P-1890000=52P
48P=1890000
P=1890000/48
P=39375
the sum that amounts =Rs 39375
