Question

The simple interest on a certain principal for 6 years is *990. If the rate of
interest is 5 % per year, find the principal.​

Answer 1

Answer:

$\huge\mathfrak\underline\red{holamate}$

given⏩

Rate = 5%

SI = RS 990

Time = 6years

To find⏩

principal=?

solution ⏩

SI=(P×R×T)/100

990=(P×6×5)/100

990×100/30=P

99000/30=P

3300=P

So principal is 3300 RS

$\huge\mathfrak\pink{thanks}$