7. In how many years will 85000 become <6500 at the rate olh p...
3. Find the principal if simple interest = 34800. Time = 6 years , Rate of interest=10%
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Answers
Correct Question :
Find the principal if Simple Interest = 34800. Time = 6 years , Rate of interest = 10% .
Given :
⬤ Simple Interest (S.I) = 34800
⬤ Time Taken (T) = 6 years
⬤ Rate of Interest (R) = 10 %
To Find :
⬤ Principal (P) .
Formula Used :
Solution :
- Principal = ?
- Rate = 10 %
- Time = 6 years
- Simple Interest = 34800
According to the Formula :
S.I = P×R×T/100
34800 = P × 10 × 6/100
34800/1 = 6P/10
P = 34800 × 10/6
P = 5800 × 10
P = Rs. 58000
Therefore , The Principal is Rs. 58000 .
Check :
34800 = P × R × T/100
34800 = 58000 × 10 × 6/100
34800 = 580 × 10 × 6
34800 = 34800
Hence Verified
Answer:
Simple Interest (S.I) = 34800
Time Taken (T) = 6 years
Rate of Interest (R) = 10 %
Simple Interest= P×R×T/100
According to the Formula :
S.I = P×R×T/100
34800 = P × 10 × 6/100
34800/1 = 6P/10
P = 34800 × 10/6
P = 5800 × 10
P = Rs. 58000
Therefore , The Principal is Rs. 58000 .
Check : 34800 = P × R × T/100
34800 = 58000 × 10 × 6/100
34800 = 580 × 10 × 6
34800 = 34800
Hence Verified.
Hope this is helpful for you.