What principal will earn interest of 840rs at the rate 5 % per annum in 3 years
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guess I=840 ; r=5% ;t=3
so,
I = prt/100
or,840=p*5*3/100
or,840=3p/20
or,3p=840*20
or,p=840*20/3
=280*20
=5600
so the principle is 5600
so,
I = prt/100
or,840=p*5*3/100
or,840=3p/20
or,3p=840*20
or,p=840*20/3
=280*20
=5600
so the principle is 5600
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