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Step-by-step explanation:
Amount = ₹ 700, Rate (R) = 8% p.a.
Time (T) = 5 years.
Let principal (P) = ₹100.
Then S.I. = (P × R × T)/100 = (100 × 8 × 5)/ 100 = ₹ 40.
∴ Amount (A) = P + S.I.
= ₹100 + 40 = ₹140.
If amount is ₹140, then principal = ₹ 100.
And, if amount is Rs. 700, then Principal.
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Answer:
700 is the principal.
Step-by-step explanation:
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