A certain sum is invested on a certain rate of
interst per 2 years. If the rate of interest is 3%
more he will get Rs. 300 more. Find the principal.
(MCD PRT 2017)
(1) Rs. 1500 (2) Rs. 2500
(3) Rs. 4500 (4) Rs. 5000
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2
Answer:
5000
Step-by-step explanation:
time=2yrs
rate%=3%
interest=300
Principal=?
I=P×R×T/100
300=P×3×2/100
300×50=3×P
15000/3=P
5000=P
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