Question

please answer this question ​

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

The principal is Rs. 6400.

Step-by-step explanation:

Let the principal be P.

Rate of interest is 3%

Time is 2 years 6 months. It means 2.5 years.

Formula for simple interest:

I=\frac{P\times r\times t}{100}I=

100

P×r×t

Where, P is principal, r is interest rate, t is time in years.

480=\frac{P\times 3\times 2.5}{100}480=

100

P×3×2.5

48000=7.5P48000=7.5P

Divide both sides by 7.5.

6400=P6400=P

Therefore the principal is Rs. 6400.