Question

What is the principal,if the interest is rupees 35 for 1 year at 7 P.C.P.A?

Answer 1

Answer:

hi

Step-by-step explanation:

write the correct question

Answer 2

Here we are given the values of interest, rate and time

       interest = 35

          time = 1 year

        rate = 7 %  

We have to find the principal

We will use the formula of simple interest  

Simple interest = ( p × r × t)/100

                     35 = ( p × 7 × 1)/100

                   3500 = p × 7

                        p = 3500/7

                       p = 500

Hence, the principal will be Rs. 500