Given:
Amount = 8700
Time = 3 years
Rate of interest = 24% per annum
To find:
The principal values.
Solution:
Formula for amount:

Where, A is amount, P is principal, r is the rate of interest and t is the number of years.
Putting
, we get




Divide both sides by 1.906624.



Therefore, the principal value is about 4563.04.
Answer:
q = 2
Step-by-step explanation:
0.5-0.125q=(q-1)/4
At first, we have to multiply both the sides by 4.
4 × (0.5 - 0.125q) = q - 1
or, 2 - 0.5q = q - 1
now, we change the side by taking constant into the right side and the number into the left side.
2 + 1 = q + 0.5q
or, 3 = q (1 + 0.5)
or, 3 = 1.5 q
or, 1.5 q = 3
or,
= (3 ÷ 1.5) [Dividing both the sides by 1.5]
or, q = 2
Therefore, q = 2
Let, the original price = x
It would be: x*60% = 48
x = 48 / 0.60
x = 80
In short, Your Answer would be $80
Hope this helps!