Question

Find the principal if the difference between C.I and S.I on it at 15% p.a for 3 years i
1134​

Answer 1

Answer:

Step-by-step explanation:

let principal be ₹100

rate=15%p.a.

time=3 years

S.I.= 100*15/100*3=₹45

amount= 100*(1+(15/100))^3=₹152.08

C.I.=152.08-100=₹52.08

difference=52.08-45=₹ 7.08

if difference is 7.08, principal =₹100

if difference is 1134, principal= 100/7.08*1134=₹16,016.94