find principal if SI is rs. 400 rate is 5 percent of pa and time is 2 years
Answers
Answered by
2
Answer:
Time = 2years,
Interest = $ 400
Rate = 5% p.a.
Principal = (100 × Interest)/(Rate × Time)
= (100 × 400)/(5 × 2)
= 40000/10
= 2000
Therefore, Principal (P) = $ 2000
Step-by-step explanation:
hope its helpful
Answered by
1
Answer:
400×5 × 2 / 100
4000 / 100
40 is simple interest
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