Question

6. Find the principal if the amount paid at the end of 2 years with 20% rate of interest is Rs.2002.
[Hint--A=P(1+R×T/100)=>A=P(1+20×2/100)]​

Answer 1

Answer:

P= 5005

Step-by-step explanation:

P=I*100/R*T

=2002*100/20*2

=5005

Answer 2

Answer:

A=₹2002

T=2 year

R=20%

P=SI×100/100+R×T

=2002×100/100+20×2

=1430