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Brums [2.3K]
2 years ago
6

a man earned and interest of 240 in 4 years at 20%per annum simple interest. calculate the principal​

Mathematics
2 answers:
MAVERICK [17]2 years ago
8 0

We need I = prt.

240 = p(0.20)(4)

240/[(0.20)(4)] = p

Use your calculator to calculate the left side.

bazaltina [42]2 years ago
7 0

Answer:

Step-by-step explanation:

P x 20/100 x 4=240

1/5 x 4p =240

   4/5p x5=240 x 5

        4p/4=1200/4

             p=300

       

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