Question

Find the principle of money if intrest in 3 years with 5 percent per annum is rs 300​

Answer 1

HI from Nepal

Answer 2

let principal be x

interest =Rs300

time=3 years

rate=5%

To find principal use formula,

Interest=P*T*R/100

Rs300=x*3*5/100

Rs300*100=15x

Rs30000=15x

Rs30000/15=x

Rs2000=x

Explanation:

therefore principal=Rs 2000