find principal when s.i=20 ,r=2% per annum,t=20 months
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Answered by
13
Answer:-
The principal is Rs. 625.
Step-by-step explanation:-
To Find:-
- The principal ( P )
Given:-
- Simple Interest ( S.I. ) = Rs. 20
- Rate ( R ) = 2% per annum
- Time ( T ) = 20 months
➝ 20 / 12 years ( ∵ 1 year = 12 months )
➝ ∴ 1.6 years
Solution:-
We know that,
Principal= ( Simple interest × 100 )/( Rate × Time )
By putting the values,
Principal ( P ) = ( 20 × 100 ) / ( 2 × 1.6 )
P = ( 20 × 100 ) / ( 3.2 )
P = 2000 / 3.2
P = Rs. 625
Required Answer:-
Hence, Principal is Rs. 625.
Remember:-
☞ Simple Interest= ( Principal × Rate × Time ) / 100
☞ Time=( 100 × Simple interest )/(Principal × Rate)
☞ Rate= ( 100 × Simple interest )/(Principal × Time)
☞ Amount = Principal + Simple interest.
Answered by
3
Answer:
this is the correct answer
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