Question

A sum of money amounted to rs 31,200 at 4% per annum in 5 years. Find the original sum

Answer 1

here amount is given rate is given time is given we need to find principal amount

Answer 2

Answer:

Givrn that P=? ;R=4% ;T=5years; A=31200/-

As we know I=PRT/100

P=A/1+(RT)

=A/1+4×5

=31200/1.2

=26000/-

P=26000/-