Question

find the principal that will amount to₹8, 480 in 3 years at the rate of 2% p. a. ​

Answer 1

Answer:

Principal=₹8,000

Step-by-step explanation:

Given,

P=?

R%=2%

T=3 yrs

Amount=₹8,480

Now,

let Principal be₹"x"

Then SI =P×R×T

100

And, SI= ₹Amount-Principal

so,

₹8,480 - x = x ×2×3

100

(side change)

=>100×(8480 - x)= 6x

=>8,48,000. - 100x. =. 6x

(side change)

=>100x +6x =₹ 8,48,000

=>106x=₹8,48,000

therefore x = 8,48,000 = ₹8,000. ans

106

Therefore Answer will be,₹ 8,000