Question

interest=1500 , Time=1 year 3 months, Rate 10% , principal=?

Answer 1

Answer:

Step-by-step explanation:

I=1500

T=1 year 3 months

R=10%

( 1 year = 12 months )

S.I = PTR/100

P=S.I x 100/TR

P=150000/15 x 10

P= 150000/150

P = 1000