Find the principal when :-
i)final amount is 4500 at 20% per annum for 5 years.
ii)final amount is 2420 at 4% per annum for 5/2 years.
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Answer:
The Principals are 2250 and 2200
Step-by-step explanation:
i) amount=SI+principal
4500=p*20*5/100+p
4500=2p
p=4500/2
p=2250
ii) amount=SI+principal
2420=p*4*(5/2)/100+p
2420=10p/100+p
2420=10p+100p/100
2420=110p/100
2420*100/110=p
p=2200
(This is my original work no copy paste)
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