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Daniel [21]
4 years ago
5

Please help!!!

Mathematics
1 answer:
wariber [46]4 years ago
6 0

Answer:

Rs.833.94

Step-by-step explanation:

To solve for the sum of money or principal, we use the formula:

P=\dfrac{A}{1+rt}

The current variables we have are:

A = Rs.1,155

r = 11% or 0.11

t = 3.5

Now let's plug the variables into the formula.

P=\dfrac{A}{1+rt}

P=\dfrac{1,155}{1+(0.11)(3.5)}

P=\dfrac{1,155}{1+0.385}

P=\dfrac{1,155}{1.385}

P=Rs.833.94

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