what is the formula for finding a principal.

Asked by Naveen | 1st Dec, 2017, 08:30: PM

Expert Answer:

If your query is from the topic on 'Simple Interest', Principal can be found using the relation of Simple Interest (S.I.), given below.
 
SI =fraction numerator P cross times R cross times T over denominator 100 end fraction
Using this relation, we can find
straight P equals fraction numerator SI cross times 100 over denominator straight R cross times straight T end fraction

Answered by  | 2nd Dec, 2017, 12:35: PM

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