Question

I=15000
R=8%
T=2YEARS
P=?​

Answer 1

Hey friends here is your answer :-

We know that I= PTR/100

Given that I= 15000, R= 8%, T= 2Years

=> PTR/100= I

=> P= I×100/TR

=> P= 15000×100/2×8

=> P= 1875×50

=> P= 93750

HOPE IT HELPED YOU...........