what is the formula of principal
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Answered by
6
The formula of principal is -
Principal =
Interest×100
-------------------------------
Rate of interest ×Time
or,
(Interest × 100) ÷ (Rate of interest × time)
For example :
Interest =400 rupees
Rate of interest =8%
Time = 2 years
Principal =Unknown
Therefore,
Principal =
400 × 100
------------------
8 × 2
First step: Divide 2 and 400 . (Ans.)200
Second step:Divide 2 and 8 (Ans.)4
Third step :Divide 4 and 100 (Ans.)25
So, The answer is 2500
I hope you understand. !
.......... Please make me as Brailinest....
Principal =
Interest×100
-------------------------------
Rate of interest ×Time
or,
(Interest × 100) ÷ (Rate of interest × time)
For example :
Interest =400 rupees
Rate of interest =8%
Time = 2 years
Principal =Unknown
Therefore,
Principal =
400 × 100
------------------
8 × 2
First step: Divide 2 and 400 . (Ans.)200
Second step:Divide 2 and 8 (Ans.)4
Third step :Divide 4 and 100 (Ans.)25
So, The answer is 2500
I hope you understand. !
.......... Please make me as Brailinest....
Answered by
3
Answer:
Explanation:
Principal = SI × 100 / R × T
Where ,
SI for Simple Interest
R for Rate
T for time
Extra Information :
SI = P × R × T /100
R = SI × 100 / P × T
T = SI × 100/ P × R
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