A simple interest offrom a bank. Find the original principal, he inves – InterviewSolution

1.

A simple interest offrom a bank. Find the original principal, he invested for 6 years.(c)7.200 was given to Mr. Joshi with 8% pa. after 6 years

Answer»

SI = ₹ 7200N = 6 yrsR = 8%

SI = (PNR)/1007200 = (P × 6 × 8)/100 P = (7200 × 100)/6 × 8 = 15000Principle = ₹ 15000

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