Question

rate of interest is 6p.c.p.a interest of 1year is ₹300 thenprincipal is ___rupees​

Answer 1

Answer:

here is your answer

Step-by-step explanation:

according to formula of Simple interest

I = PRN/100

here 300 = P×6×1/100

so

P = 300×100/6 =5000

so principal is 5000

Answer 2

Answer:

Principal = Rs. 5000

Step-by-step explanation:

Let, principal be 'x'

Time = 1 year

Rate = 6%

Interest = Rs. 300

Interest = Principal × Rate × Time/100

Rs. 300 = x × 6 × 1 / 100

300 × 100 = x × 6 × 1

300 × 100 / 6 × 1 = x

30000/6 = x

= Rs. 5000

Hence, principal = Rs. 5000