Question

find the principal that will amount to rupees 2360 in 3 year at 12% per annum​

Answer 1

Answer:

Principal = Rs. 842.85

Step-by-step explanation:

Let the principal be x.

Amount = S.I + P = S.I + x

S.I = PTR/100

S.I = x*3*12/100

S.I = 36x/100 = 18x/50 = 9x/25

Amount = S.I + x

2360 = 9x/5 + x/1   (LCM = 5)

2360 = 9x/5 + 5x/5

2360 = 14x/5

14x  = 2360*5

14x = 11800

x = 11800/14

x = Rs.842.85

S.I = 2360 - 842.85

S.I = 1715.15

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