a sum of money amounts to 910 Rupees at 5% per year in 6 years find the principal
Answers
Answered by
15
Answer:Assuming that interest is simple, interest at 5% for 6 years shall be 30% of principal amount. So after 6 years the amount will become 100+30=130
If sum after 6 years is 130, principal sum is 100.
So is sum after 6 years is 910, principal sum would be 910/130 x 100 = 700/-
Step-by-step explanation:
Answered by
6
Answer:
3033.33
Step-by-step explanation:
P*R*T/100=AMOUNT
P=x
R=5
T=6
AMOUNT=910
X*30/100=910
X=910*100/30
X=3033.3333
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