Question

If the amount for 2 years at 6% is 4,000, what was the principal ?(simple interest )​

Answer 1

Answer:

he pay 12% interset

55per

Step-by-step explanation:

Answer 2

we know ,

A=PIT so we using this formula

A=4000

R=6%

T=2 Years

P=?

so hear ,

A=PTR

4000=P×2×6%

4000=P× 0.12

P= 4000/0.12

P=33,333.34

so we finally get the answer is P=33,333.34