Question

What principal will amount to 4600 in 6 years at 23/2℅ simple interest​

Answer 1

Answer:

a

Step-by-step explanation:

amount = 4600

time = 6years

rate = 23/2%

=11.5%

principal =?

si = p×t×r/100

=p×6×11.5/100

= 0.69p

principal = amount - si

p = 4600- 0.69p

p+0.69p = 4600

1.69p = 4600

p = 4600/1.69

=2721. 89

Answer 2

Answer:

amount = 4600

time = 6years

rate = 23/2