find the principle if SI=₹375 R=6% per annum and T=2 years 6 months
Answers
Step-by-step explanation:
Given:-
SI=₹375, R=6% per annum and T=2 years 6 months
To find:-
Find the principle ?
Solution:-
Given that :
Let the principle be " ₹ P"
Simple interest (I)= ₹ 375
Rate of Interest (R) = 6%
Time (T) = 2 years and 6 months
=>T = 2 and 1/2 year
=>T = 2 1/2 = 5/2 years
We know that
Simple Interest = PTR/100
=>I = PTR/100
=>PTR = 100 × I
=>P = (100× I)/TR
On Substituting the values in the above formula
=>P = (100×375)/[(5/2)×6]
=>P = 37500/(5×3)
=>P = 37500/15
=>P = 2500
Therefore, Principle = ₹ 2500
Answer:-
Principle for the given problem is ₹2500
Used formula:
Simple Interest = PTR/100
Where, P is the principle
T is the time
R is the rate of interest
Answer:
Step-by-step explanation:-
P=SI×100÷R×
p=rs 375×100÷6×2 years 6 months
1 month=1÷12 years
6 months=6÷12 years
0.5 years = 2 + 0.5 =2.5
375×100÷6×2.5
3700÷15 = 740÷3 = 24.66
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