what principal must mr Shailesh deposits in the bank today to earn ₹285 simple interest in 2 years if the rate of interest is 4.75%?
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Answered by
2
Answer:
si=prt/100
si =285,t=2years,r=4.75% p=?
285=2×4.75×p/100
285×100=2×4.75×p
28500=9.5 p
28500/9.5=p
3000=p
Answered by
0
Step-by-step explanation:
si = 285
t = 2yrs
rate =4.75
p = si×100/ t×r
p= 285 × 100/ 2× 4.75
= 285 × 50/ 4.75
= 15 × 200
= 3000
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