Question

What is the principal, if after five years at 11% p.a. simple interest, it amounts to Rs. 18600?

Answer 1

Answer:

p=?

t=5years

r=11%

i=₹18600

• I = ptr÷100
• 18600=
• $\frac{p \times 5 \times 1}{100}$
• 18600=5p÷100
• 18600=20
• =
• $\frac{20}{18600}$
• 0.00107526882

• amount=p+i
• =0.00107526882+18600
• amount=18,600.0011

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Answer 2

Answer:

12000

Step-by-step explanation:

p=?

r=5%

t=5

amt=18600

simple interest = prt

p(11%)5 =.55p

amt = s.i. +p

18600= p+ .55p

18600/1.55=p

p = 12000 ans