Question

an amount at rate of 5% per annum becomes rs 200 more of compound intrest that of simple intrest after 2 years calculate principal​

Answer 1

Answer:

Step-by-step explanation:

Amount with interest after 2 years = Rs. 200

Therefore, simple interest = 200 – Principal.

Let the principal amount be p.

200 – p = p*2*5/100 → p=19

Principal = 200 – 19 = Rs. 181