What principal amount to rs16000 in 6years at 10% simple interest
Answers
Answered by
23
Given:-
- Amount, A = Rs 16000
- Time = 6 years
- Rate = 10% p.a
To find out:
Find the Principal?
Formula used:
- S.I = P × R × T / 100
Solution:
Let the principal be Rs x.
SI = P×R×T/100
SI = x × 10 × 6/100
SI = 6x/10
SI = 3x/5
Now,
Amount = Principal + SI
⇒16000 = x + 3x/5
⇒16000 = 5x+3x/5
⇒16000 = 8x/5
⇒8x = 16000×5
⇒x = 16000×5/8
⇒x =80000/8
⇒x = Rs. 10000
Hence, Principal, P is Rs. 10,000
Answered by
45
↪Question :-
- What principal amount to Rs 16000 in 6 years at 10% simple interest.
↪Solution :-
Given:
- Amount (A) = Rs 16000
- Time (T) = 6 years
- Rate (R) = 10%
To Find :
- The principal amount.
Let the principal be Rs x.
Similar questions