please explain me step by step
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Answer:
Let,
P be the principal
Given:-
Rate = 5%pa
Time = 3months
Amount = 2025
Firstly we change time into years
As we in 12 month = 1 year
3month = 3/12 = 1/4 years
interest = Rs 2025 - P
Now
2025 - P = Px1/4 6/ 100
2025 - P = 0.25 *6 / 100
2025 - p = 1.5 / 100
2025 = 1.5/100 +P
2025 = 150 p / 100
cross multiply :-
150P = 2025 x 100
P = 202500/ 150
P = 1350
I hope it helped u
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- See the above attached picture dear..
- Hope it will help you to understand..
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