find the sum of money e which amount tu 2000 in 2 years at the rate of 10% per annum
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GIVEN:
- Amount(A) = Rs2000
- Time(T) = 2 years
- rate of interest(R) = 10%
TO FIND:
- principal (P)
SOLLUTION:
Let the principal be X rs
S.I = P×R×T\100
= (x×10×2)\100
= 20x\100
= x\5
Amount = P + S.I
2000 = x + x\5
2000 = 6x\5
6x\5 = 2000
x = (2000×5)\6
x = 10000\6
x = 1666.66 (approx)
✅ Therefore the sum of money is 1666.66 Rs (approx)
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