what principle will amount to rs. 650 in 6 year at 5% p.a?
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⭐⭐⭐⭐⭐ ANSWER ⭐⭐⭐⭐⭐
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Let the principal be P.
T (time) = 6 years [GIVEN]
R (rate) = 5% [GIVEN]
A = P + I = 650
=> I = (A - P) = (650 - P)
Now, we know the formula to calculate the original sum of money (PRINCIPAL).
So, P = (I × 100)/(R × T)
=> P = { (650-P) × 100 } / (5×6)
=> P = (6500-10P)/3
=> 3P + 10P = 6500
=> 13 P = 6500
=> P = Rs. 500
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THEREFORE, THE PRINCIPAL IS RS. 500.
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⭐⭐⭐ ALWAYS BE BRAINLY ⭐⭐⭐
==================================
⭐⭐⭐⭐⭐ ANSWER ⭐⭐⭐⭐⭐
==================================
Let the principal be P.
T (time) = 6 years [GIVEN]
R (rate) = 5% [GIVEN]
A = P + I = 650
=> I = (A - P) = (650 - P)
Now, we know the formula to calculate the original sum of money (PRINCIPAL).
So, P = (I × 100)/(R × T)
=> P = { (650-P) × 100 } / (5×6)
=> P = (6500-10P)/3
=> 3P + 10P = 6500
=> 13 P = 6500
=> P = Rs. 500
==================================
THEREFORE, THE PRINCIPAL IS RS. 500.
==================================
==================================
⭐⭐⭐ ALWAYS BE BRAINLY ⭐⭐⭐
==================================
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