Question

Find the principal when SI=rs60,time=73days,rate p.a.=4%

Answer 1

S.I=60rs

T=73days

R=4%

P=?

then,

T=73*1day (day change to year)

T=73*1/365

T=73/365 year

now,

P=S.I*100

R*T

P=60*100*365

4*73

P=39,967,500