what principal will amount to rs 20790 in 2 years at the simple interest of 5% per annum
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Answer:
Principal = 1890
Step-by-step explanation:
Principal = x
Time = 2 years
Rate = 5%
Amount = Rs. 20790
SI = Principal*Time*Rate/100
SI = 10x/100
SI = x/10
Amount = Principal + SI
Amount = x + x/10
20790 = 11x/10
207900/11= x
18900 = x
Principal = 1890
SI = 189
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