formula of principal when rate percent amount and interest is given
Answers
Answered by
1
Answer:
P = I / (RT)
Where,
I = intrest
I = intrest R = rate
R = rate T = time ⌚ period
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Answered by
3
Step by step explained
there are two possibilities -
1. when simple interest given then formula of principal
principal = Amount - Simple interest
2. when compound interest given
Principal = Amount - Coumpound interest
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