Question

find the principle when:A=₹2541.5, t=3year, R=5%p.a.​

Answer 1

Solution:

Time = 3 years,

Interest = ₹2541.5

Rate = 5% p.a.

Step-by-step explanation:

Principal = (100 × Interest)/(Rate × Time)

P= (100 × 2541.5)/(5× 3)

P= 254150/15

P= 16943.33

Therefore, Principal (P) = ₹16943.33