If the amount for 2years at 6% is 4000, what was the principal?
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Step-by-step explanation:
formula=ptr/100
let the principal be x
4000=x*2*6%/100
=x*3/25
4000*25=3x
100000=3x
x=100000/3
33,333.33.....
therefore principal is 33,333.33/-
Answered by
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S.I. = Principal×Time×Rate 100 Principal×Time×Rate 100 = Rs.(4000×2×5100)(4000×2×5100) Therefore, Amount received = S.I. + Principal = Rs. (4000+400)(4000+400) = Rs.4400.
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