2.Find the principle if compound interest is Rs. 500 and amount is Rs.

1.	2.Find the principle if compound interest is Rs. 500 and amount is Rs. 700.
Answer» WER :- Given :- <P> Compound interest = RS. 500 AMOUNT = Rs. 700 To Find :- Principal, P Solution :- We know that, Amount = Principal + Interest Here, we are given amount and compound interest. So, by simply SUBSTITUTING the value in formula, we can find principal. → 700 = P + 500 → P = 700 - 500 → P = 200 Principal = Rs. 200

2.Find the principle if compound interest is Rs. 500 and amount is Rs. 700.

Answer» WER :-

<P>

We know that,

Amount = Principal + Interest

Here, we are given amount and compound interest. So, by simply SUBSTITUTING the value in formula, we can find principal.

→ 700 = P + 500

→ P = 700 - 500

→ P = 200