Find the sum of money that amounts to rs. 5850 in 6 years at 5 per cent per annum
Answers
Answered by
1
5850= P*5*6/100
5850*100/30=P
58500/3=P
19500=P
Answered by
1
Pls see I am explaining you step by step
Step 1. Here,
Simple interest=₹5850
Time= 6 years
Rate of interest=5% p.a.
Principal=?
Step 2 Now as we know,
SI=p*r*t
5850=p*5*6/100
P=5850*100/5*6
P=585000/30
P=₹19500
Therefore, principal is ₹19500....
Hope you get it pls mark as brainliest answer
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