what sum will yield on interest of 3927 rupee's in 2 years 4 months at 8% per annum
Answers
Answered by
5
The principal is Rs. 6400.
Step-by-step explanation:
1ST ANSWER:
Let the principal be P.
Rate of interest is 3%
Time is 2 years 6 months. It means 2.5 years.
Formula for simple interest:
Where, P is principal, r is interest rate, t is time in years.
Divide both sides.
Therefore the principal is Rs. 6400.
Step-by-step explanation:
2nd answer:
Given,
simple interest(I) = rs 480
rate (R) = 3 %
Time period(T) = 5/2 years
Principal(P)= ?= P
P=I * 100/R * T
P=480*100*2/3*5
=Rs. 6400
so the sum is rs. 6400
hope it helps you
Answered by
0
Answer:
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