What principal amount to ruppes 900 in 8 years at 10% per annum? In an clear way.
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let the Principal be x .
Now ,
Amount = Rs. 900
Rate = 10℅
Time = 8 years
According to formula ,
Amount = Principal( 1+RT/100)
=> 900 = x(1+80/100)
=> 900= x(180/100)
=> x = 900*100/180
= 500
Hence ,
Principal = Rs. 500 Ans.
Now ,
Amount = Rs. 900
Rate = 10℅
Time = 8 years
According to formula ,
Amount = Principal( 1+RT/100)
=> 900 = x(1+80/100)
=> 900= x(180/100)
=> x = 900*100/180
= 500
Hence ,
Principal = Rs. 500 Ans.
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