Business Studies, asked by ruchikarajput2299, 1 year ago

How to calculate principal using simple interest and rate of interest?

Answers

Answered by Rishika321
1
p=I×100/R×T .........is the answer
Answered by indusinghkancha
1
Given & let,
Simple Interest=SI
& Rate of interest=R
To find & let,
Principal=P
:.P=(SI×100)/(R×T)
But still time isn't given
:.we may find it by T=(SI×100)/(P×R)
(All these cometetive formulas are only applicable in some special situations or as per question)
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