Question

Difference between S.I and C.I is Rs 35 at 5% per Annum for two years.find the Principal Amount?

Answer 1

Answer: Principal = 35

Step-by-step explanation:

C.I - S.I = 35

S.I = PTR/100 = Px2x5/100 = P/10

C.I = P(1+r/100)^n = P(1+5/100)^2 = 441P/100

441P/100 - P/10 = 35

P = 34.912

P = 35