Find the principal when SIMPLE INTEREST = ₹2370 and RATE = 15/2% TIME = 2 years 4 months
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Answer:
Rs. 13542.8571439
Step-by-step explanation:
Given, Interest = Rs. 2370
Rate =15/2%
Time =2yrs 4 months =2yrs 4/12
7/3 yrs
So, Principle = 100*SI/RT
=100 * 2370 *2 *3
___________
15 * 7
=13542.8571439(Aprrox)
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