What principal will amount to 900 in 6 years at 10% Simple Interest?
Answers
Answered by
2
Step-by-step explanation:
ptr/100
900×6×10/100.
=540
Answered by
10
Answer:
562.50
Step-by-step explanation:
A = P + S.I.
S.I. = ( P × R × T) / 100
S.I. = ( P × 10 × 6 ) / 100
S.I. = 3P / 5
A = P + 3P / 5
900 =( 5P + 3P ) / 5
900 = 8P / 5
P = 900 × 5 / 8
P = 4500 / 8
P = 562. 5
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