find the principal that will yield an interest of rupees 367.50 in 4 whole 1 by 2 years and 3 whole 1 by 3 % per annum hi mam help me this question
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Step-by-step explanation:
P = ?
R = 3 1/3 % = 10/3%
T = 4 1/2 yrs = 9/2 yrs
SI = 367.50
According to formula
SI = PRT/100
P = SI×100/RT = 36750 × 100×3×2/100×10 ×9 =
= 36750 /15 = 2450
Therefore the Principal Amount = RS 2450
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