if ci-si=1 r=4% t=2 years then find principal..
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Answer:
P=?
R=4%
T=2 years
SI=?
Since,SI=PRT/100
P×4×2/100
8P/100
Now for CI
P=?
R=4%
T=2years
CI=?
Since,CI=P{(1+r/100)^n-1}
P{(1+8/100)^2-1}
P(({100+8)/100)^2-1}
P{(108/100)^2-1}
P{(27/25)^2-1}
P({729/625)-1}
P{104/625}
104P/625
According to question
CI-SI=1
104P/625-8P/100=1
104P/625-2P/25=1
(104P-25(2P))/625=1
(104P-50P)/625=1
54P/625=1
P=625/54
P=Rs 11.574
P=Rs 11.57
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