Find the principal when amount is rupees 2420 at 4% per annum for 5 by

1.	Find the principal when amount is rupees 2420 at 4% per annum for 5 by 2buy simple interest
Answer» <P>Answer: 2200 Step-by-step EXPLANATION: Amount(A)=Rs.2420 Rate(R)=4% p.a. Time(T)=2 2 1 = 2 5 years Let principal =Rs.100 Then S.I.= 100 PRT = 100×2 100×4×5 =Rs.10 Amount = P + S.I. =Rs.100+Rs.10=Rs.110 If amount is Rs.110 then principal =Rs.100 If amount is Rs.2420, then principal = 110 100×2420 =Rs.2200

Find the principal when amount is rupees 2420 at 4% per annum for 5 by 2buy simple interest

Answer»

<P>Answer:

2200

Step-by-step EXPLANATION:

Amount(A)=Rs.2420

Rate(R)=4% p.a.

Time(T)=2

years

Let principal =Rs.100

Then S.I.=

100

PRT

100×2

100×4×5

=Rs.10

Amount = P + S.I. =Rs.100+Rs.10=Rs.110

If amount is Rs.110 then principal =Rs.100

If amount is Rs.2420, then principal

110

100×2420

=Rs.2200