Question

Find the (P) principal if R= 10% ,T = 2 years and I = Rs.340.​

Answer 1

Answer:

I = P×R×T/100

340= P×10×2/100

340×100/20 = P

3400/2 = P

1700 = p

Answer 2

Answer:

T=2years,R=4%,S.I.=340

S.I.=

100

P×R×T

340=

100

P×2×4

34000=8P⇒4250=P

A=P(1+

100

R

)

2

A=4250(1+

100

4

)

2

A=4250×

100

104

×

100

104

A=4596.8