Question

(b) Principal if the interest is 140 at 4% p.a. for 2 years.

Answer 1

Answer:

1,750

Step-by-step explanation:

Simple interest = (principal ×rate of interest ×time) /100

Simple interest =140

Time = 2 years

Rate of interest = 4% per annum

140=(P×4×2)/100

140=8P/100

8P=14000

P=14000/8

P=1,750

The principal is rs. 1,750

Answer 2

Let the principal be P

$</p><p>\tt{\orange{\dfrac{P \times 4 \times 2 }{100} = 140 }}}$

Solving we get : P = Rs. 1750.