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Question
Fill in the blanks in the table.
| Principal | Rate of interest (p.c.p.a.) | Time | Interest | Amount |
| ...... | 6% | 4 years | 1200 | ...... |
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Solution
| Principal | Rate of interest (p.c.p.a.) | Time | Interest | Amount |
| 5000 | 6% | 4 years | 1200 | 6200 |
Explanation:
Given:
Total interest (I) = 1200 rupess
Rate of interest (R) = 6%
Time (T) = 4 years
Formula:
Principal (P) = `("I"xx100)/("R"xx"T")`
Solution:
= `(1200xx100)/(6xx4)`
= 5000 rupees
Total Amount = P + I
= 5000 + 1200
= 6200 rupees
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Fill in the blanks in the table.
| Principal | Rate of interest (p.c.p.a.) | Time | Interest | Amount |
| ...... | 5% | ...... | 6000 | 18000 |
