a sum amounted to ₹2486 with the intrest of 13 percent per annum then what is the sum? please give me explaination.
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let the principal be 100 and time = 1 year R = 13 %
S.I = P x R x T /100
S.I = 100 x 1 x 13/100 = 13
amount = P + S. I = 100 + 13= 113
If amount is 113 them P = 100
If amount is 1 then P = 100/113
If amount is 2486, then P = 100 x 2486/113 = 100 x 22 = 2200
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