# On what principal will the interest be Rs.7008 in 6 years 3 months at 5% per year?

2
at CI or SI?

si

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at CI or SI?

si

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The Brainliest Answer!

Time = 6 years 3 months = (6 + 3/12) years = 25/4 = 6.25 years

Interest (I) = 7008 rupees

Rate (R) = 5% per year

S .I =

or, 7008 =

or, P =

or, P = 112128/5 = 22425.6 rupees

therefore principal was 22425.6 rupees , whose S.I in 6 years 3 months is 7008 rupees.

Rate=5% p.a.

Time=6 years 3 months=25/4 years

Using Interest=Principal*Rate*Time/100,we get

Principal=100*Interest/(Rate*Time)

=100*7008/(125/4)

=22425.6

Ans;The principal is Rs.22425.6(at s.i.)