Question

Find the principal.

Annual rate of interest = 6.5%

Period = 4 years

Total interest= 1222 rupees

Principal =

rupees

Answer 1

4700

Explanation:

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Answer 2

Principal=4700 rupees

Explanation:

Interest for one year = 1222 ÷ 4 = 305.5 rupees.

6.5% of principal = 305.5 rupees.

6.5 over 100 X principal = 305.5 rupees.

Principal=(305.5×100/6.5) rupees.