Question

the interest on principal is rs 1480 in 2 years and at 10 % per annum find the principal ​

Answer 1

Hope this helps............

Answer 2

Given :

⬤ Simple Interest = Rs. 1480

⬤ Time Taken = 2 years

⬤ Rate of Interest = 10%

To Find :

⬤ Principal .

Formula Used :

$\bf[\:{Simple \: Interest =\dfrac{P \times{R} \times{T}}{100}\:]}$

• P = Principal
• R = Rate of Interest
• T = Time

Solution :

According to the Formula :

S.I = P×R×T/100

1480 = P × 10 × 2/100

1480 × 100 = 20P

14800 = 20P

14800/20 = P

7400 = P

Therefore , Principal (P) is Rs. 7400 .

Check :-

1480 = P×R×T/100

1480 = 7400 × 10 × 2/100

1480 = 1480

Hence Checked .