Question

Interest of Rs. 900 for 3 years at the rate of 6% then principal must be​

Answer 1

Answer:

84.6 percent is the answer

Answer 2

Given :-

Interest = ₹900

Time = 3 years

Rate = 6%

Formula :-

${\sf{Interest\: =\: {\dfrac{P\: \times\: R\: \times\: T}{100}}}}$

According to question

${\sf{900\: =\: {\dfrac{P\: \times\: 6\: \times\: 3}{100}}}}$

=> 900 × 100 = P × 18

${\sf{\implies\: P\: =\: {\dfrac{90000}{18}}}}$

=> P = 5000

Therefore, principal is ₹5000