principal - ? , rate of per annum -11%, Time 6months , intrest -660, amount- ?
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Answer:
principal = 12000
amount = 12660
Step-by-step explanation:
first we have to change the time in years , so,
it will be 6÷12 years
then , the formula for finding principal is
100 × interest ÷ time × rate
( here we will apply this formula )
100 × 660 ÷ 11 × 6 ÷ 12
then 12 will go above and will multiplying with 100 ×660
then it will be 100 × 660 × 12 ÷ 11 ×6
when we will solve it the answer will be coming as 12000.
so principal will be 12000.
then we will find amount ,
the formula of finding the amount is
principal + intrest
( here we will apply this formula )
12000 + 660
the answer is 12660 .
so the amount will be 12660.
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