What is the principal if the simple interest at the rate of 12.5%
for 2 years is `400?
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Answered by
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SI =( P*R* T)/100
P = SI * 100/ R*T
P = 400 *100/2*12.5
P = 400 * 4
P = 1600
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Answered by
2
Answer:
1600
Step-by-step explanation:
P = 100 I / RT = 100 × 400/12.5×2 = 1600
The principal amount is 1600
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