What is the principal if you earn $300 in interest at a rate of 5% for

1.	What is the principal if you earn $300 in interest at a rate of 5% for 6 years?
Answer» $\blue{\bold{\underline{\underline{Answer:}}}}$ $\green{\tt{\therefore{Principal=\$ 1000}}}$ $\orange{\bold{\underline{\underline{Step-by-step\:explanation:}}}}$ $\green{\underline \bold{<klux>GIVEN</klux> :}} \\ \tt: \implies Simple \: interest(S.I) = \$ 300 \\ \\ \tt: \implies Rate\%(r) = 5\% \\ \\ \tt: \implies Time(t) = 6 \: years \\ \\ \red{\underline \bold{To \: Find :}} \\ \tt: \implies Principal(p) =?$ • ACCORDING to given QUESTION : $\tt\circ\:Let\:principal\:be\:x \\\\\bold{As \: we \: know \: that} \\ \tt: \implies S.I= \frac{p \times r \times t}{100} \\ \\ \tt: \implies 300 = \frac{x \times 5 \times 6}{100} \\ \\ \tt: \implies 300 \times 100 = 30 \times x \\ \\ \tt: \implies x = \frac{30000}{30} \\ \\ \green{\tt: \implies x = \$ 1000} \\ \\ \green{\tt \therefore Principal \: is \:\$ 1000} \\ \\ \bold{ \blue{Some \: related \: formula}} \\ \orange{ \tt \circ \: A =p(1 + \frac{r}{100} )^{t} } \\ \\ \orange{ \tt \circ \: A=p(1 + \frac{ \frac{r}{2} }{100} )^{2t} } \\ \\ \orange{ \tt \circ \: A =p(1 + \frac{ \frac{r}{4} }{100} )^{4t} }$

What is the principal if you earn $300 in interest at a rate of 5% for 6 years?

Answer»

$\blue{\bold{\underline{\underline{Answer:}}}}$

$\green{\tt{\therefore{Principal=\$ 1000}}}$

$\orange{\bold{\underline{\underline{Step-by-step\:explanation:}}}}$

$\green{\underline \bold{<klux>GIVEN</klux> :}} \\ \tt: \implies Simple \: interest(S.I) = \$ 300 \\ \\ \tt: \implies Rate\%(r) = 5\% \\ \\ \tt: \implies Time(t) = 6 \: years \\ \\ \red{\underline \bold{To \: Find :}} \\ \tt: \implies Principal(p) =?$

• ACCORDING to given QUESTION :

$\tt\circ\:Let\:principal\:be\:x \\\\\bold{As \: we \: know \: that} \\ \tt: \implies S.I= \frac{p \times r \times t}{100} \\ \\ \tt: \implies 300 = \frac{x \times 5 \times 6}{100} \\ \\ \tt: \implies 300 \times 100 = 30 \times x \\ \\ \tt: \implies x = \frac{30000}{30} \\ \\ \green{\tt: \implies x = \$ 1000} \\ \\ \green{\tt \therefore Principal \: is \:\$ 1000} \\ \\ \bold{ \blue{Some \: related \: formula}} \\ \orange{ \tt \circ \: A =p(1 + \frac{r}{100} )^{t} } \\ \\ \orange{ \tt \circ \: A=p(1 + \frac{ \frac{r}{2} }{100} )^{2t} } \\ \\ \orange{ \tt \circ \: A =p(1 + \frac{ \frac{r}{4} }{100} )^{4t} }$

What is the principal if you earn $300 in interest at a rate of 5% for 6 years?

• ACCORDING to given QUESTION :

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