Question

Rate of interest += 12%.
Time
= 2½
Simple Interest - RS 1200
Find the Principal.​

Answer 1

Answer:

P=40000

Step-by-step explanation:

S.I=P*R*T/100

S.I=p*12*2.5/100

12000=P*30/100

12000=P*0.3

12000/0.3=P

P=40000

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Answer 2

Answer: ₹4000

Step-by-step explanation:

Given,

SI = ₹1200

R = 12%

T = 2 yr 1/2 month = 5/2 years

P = ?

Therefore, A/q

P = SI × 100 / R × T

P = 1200 × 100 × 2 / 12 × 5

P = ₹4000

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