ICSE Class 7 Answered
what is the formula for finding a principal.
Asked by Naveen | 01 Dec, 2017, 08:30: PM
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](https://images.topperlearning.com/topper/tinymce/integration/showimage.php?formula=a2c527e7f08c2fcf60f95d90db065aba.png&d=0)
![fraction numerator P cross times R cross times T over denominator 100 end fraction](https://images.topperlearning.com/topper/tinymce/integration/showimage.php?formula=a2c527e7f08c2fcf60f95d90db065aba.png&d=0)
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](https://images.topperlearning.com/topper/tinymce/integration/showimage.php?formula=5f5e13a2ba564c2d824e8b42f4a89f08.png&d=0)
Answered by | 02 Dec, 2017, 12:35: PM