Question

P = ?
R=4%
T = 5 years
I=?
A= R 1200​

Answer 1

R = 4%

T = 5yrs.

A = 1200

P = A*100/100+(R*T)

= 1200*100/100+(4*5)

= 1200*100/120

= 1000. ANS.

SI = A-P = 1200-1000 = 200.ANS.