find the principle which at 12.5% becomes 7200 in 4 years
Answers
Answered by
1
Answer:
answer is₹2240
Step-by-step explanation:
P=7200*100/12.5*4
=7200*100÷125/10*4
= 7200*100×10/125×4
=₹2240
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Answered by
1
Answer:
Rs. 4800
Step-by-step explanation:
Amount( A ) = Principle( P ) + Interest( I )
=> 7200 = P + ( P × R × T ) / 100
=> 7200 = P + ( P × 12.5 × 4 ) / 100
=> 7200 = P + ( 50 P ) / 100
=> 7200 = P + ( P / 2 )
=> 7200 = ( 2P + P ) / 2
=> 7200 = 3P / 2
=> P = 7200 × 2 / 3
=> P = 4800
Assumption = the Interest is Simple Interest.
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