what principal will amount to rs 20790 in 2 years at the simple interest of 5% per annum?
Answers
Answered by
0
Step-by-step explanation:
Simple Interest = A ×R ×T /100
A = 20790 RS
R= 5% p.c.p.a
T = 2 years
S.I.= 20790×5×2/100
S.I.=207900/100
S.I.= 2079 RS
Answered by
11
We know,
where,
A = Amount
P = Principal
R = Rate of interest
T = Time
SI = Simple Interest
Let, the Principal be 'x'
Given,
Amount = ₹ 20790
Time = 2 years
Rate of interest = 5 % per annum
➣
➣
➣
Transposing 10
➣
➣
Transposing 10P
➣
➣
Transposing 11
➣
➣ P = ₹ 18900
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