Question

5. Find the principal, when Amount = 650, Time = 5 years and Rate = 6% per annum.
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Answer 1

Answer:

500

Step-by-step explanation:

Here,

A=650

T=5 yrs

R=6%

Now,

Using the formula P=A*100/100+TR

=650*100/100+5*6

=65000/130

=500