Amount = 9920 R = 12% find Principal T = 2yr
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Answer:
Let Principle be x
Amount = 9920
S. I. = 9920-x
A/q
P = S. I.* 100/R*T
x = 100(9920-x)/12*2
x = 25(9920-x)/6
x = 248000-25x/6
6x = 248000-25x
6x+25x = 248000
x = 248000/31
x = 8000
Hence, Principle is Rs. 8000
Step-by-step explanation:
Well, I was kinda dizzy so I don't know whether I've done it correctly or not just match the answer with your text book if it's wrong then wait for someone else.
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