Question

What principal will amount to Rs.23,200 in 2 years at 8% per annum?

WHO WILL ANSWER THE QUESTION FIRSTLY AND CORRECTLY I WILL MARK HE/SHE AS A BRAINELEST.. I HAVE CORRECT ANSWERS IN BACK OF THE BOOK. I NEEDCORRECT STEPS.PLZ HELP ME....​

Answer 1

Answer:

Principal (P) = Rs.20,000

Step-by-step explanation:

Given, Amount (A) = Rs.23,200

                          T = 2 years

                           R = 8%

                           P = ?

Amount = P + SI

23,200 = P + PRT / 100

23,200 = P + P × 8 × 2 / 100

23,200 = 100P + 16P / 100

23,200 × 100 = 116P

23,20,000 = 116P

            P = 23,20,000 ÷ 116

           P = Rs.20,000

Ans: Principal (P) = Rs.20,000

Answer 2

Step-by-step explanation:

ANSWER IS 20000 MARK ME AS A BRAINELEST