Question

A principal becomes ₹10,050 at the rate of 10% in 5 years . Find the principal

Needed Relevant answer.​

Answer 1

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6700

Step-by-step explanation:

Amount=10050

rate=10%

time=5 years

A=P+SI

A= P+(P*R*T)/100

10050=P+(P*10*5)/100

10050=P+(P*50)/100

10050=P+P/2 [after solving P*50/100]

10050=(2P+P)/2

10050=3P/2

P=10050*2/3

P=6700