If CI -SI = 50; rate = 20 = time = 2yr. Find the Principle (P).
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Answer:
To solve, we input the values into the equation, P = I / (RT).
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Answer:
Correct Question---
Given-
C.I -S.I = 50 (A)
R = 20%p.a
T = 2yr
________________________________
To find -
Principle(P)
Solution-
A=P(1+R/100)²
50=P(1+20/100)²
(50/P)²= (120/100)²
50/P =120/100
P = 120 x 50
________
100
P = 60
Hence this will be the answer.
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