if amount is equal to rupees 5250 time is equal to 5 years rate is equal to 15% then find p
Answers
Answered by
3
Answer:
kindly see the answer below..
Step-by-step explanation:
Here, given that,
amount is RS 5250
and, time interval = 5years, rate of interest = 15%
then, let the principle be p.
so,
therefore, the principal is RS 7000.
thanks a lot..
Answered by
12
Step-by-step explanation:
GIVEN
Amount = ₹5250
Rate = 15%
Time = 5 years
___________________________
TO FIND
Principal
We know that,
___________________________
IMPORTANT
Principal = ( Amount × 100 ) × ( Rate × Time )
Simple Interest = ( Principal × Rate × Time ) / 100
Rate = ( Simple Interest × 100 ) / ( Principal × Time )
Time = ( Simple Interest × 100 ) / ( Principal × Rate )
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