Question

Find the Principal if the rate of interest is 4%p.a time 2years simple interest is Rs120​

Answer 1

Answer:

The answer is 1500

Step-by-step explanation:

P =principal

R=rate of interest

INTEREST =P×R×T/100 T=time period

So,P=100×I/RXT

then we proceed , P=100×I/R×T

= 100×120/4×2

=12000/8

=1500

HOPE YOU UNDERSTOOD PRACTICE MORE SUM LIKE THIS........