27. Find the Principal when :(a) S.I. = $ 192 , Rate = 6% per annum , Time = 4 years.full answer
Answers
⇛⇛⇛ANSWER⇚⇚⇚
☛ Given :
Simple Interest = $ 192
Rate = 6 % per annum
Time = 4 years
✐ Required to find :
- What is principal amount ?
Formula ✍:
There is only one formula for simple Interest
That is ;
Hence ,
By changing some terms from left to right and right to left .
We can find the required formula ,
The required Formula is ;
☑ Explanation :
In the question they given some values that is
1) Interest 2) Rate 3)Time
Now using the formula mentioned above ,
We can find the the value of the principal amount .
Formula is
Here, substitute all the given ballet to find the principal amount .
✜ Solution :
Using the formula ,
Hence,
Substitute the all given values ;
Therefore,
✅ Hence Solved ⇈
GIVEN:
Simple Interest = 192
Rate = 6% per annum and Time = 4 years
TO FIND:
The principal.
SOLUTION:
We know that,
Simple Interest = PTR / 100
Where,
P = principal, T = Time and R = Rate
192 = P × 4 × 6 / 100
192 × 100 = 24p
19200 = 24p
p = 19200/24
p = 800
Therefore, the principal = 800.