Question

If you earn $195 in

Answer 1

Answer:

Principal = $975

Step-by-step explanation:

Formula for interest is;

I = PRT/100

Where;

P is principal

R is interest rate

T is time

We are given;

I = $195

R = 4%

T = 5 years

Thus, making P the subject of the formula, we have;

P = 100I/RT

P = (100 * 195)/(4 * 5)

P = $975

Answer 2

Answer:

The principal is $975.

Step-by-step explanation:

As per given question we have provided that :

• ➣ Interest = $195
• ➣ Rate = 4%
• ➣ Time = 5 years

Here's the required formula to find the Principal :

${\longrightarrow{\pmb{\tt{I= \dfrac{PRT}{100}}}}}$

• ↝ I = Interest
• ↝ P = Principal
• ↝ R = Rate
• ↝ T = Time

Substituting all the given values in the formula to find the Principal :

${\implies{\sf{I= \dfrac{PRT}{100}}}}$

${\implies{\sf{195= \dfrac{P \times 4 \times 5}{100}}}}$

${\implies{\sf{195= \dfrac{P \times 20}{100}}}}$

${\implies{\sf{195= \dfrac{20P}{100}}}}$

${\implies{\sf{P = 195 \times \dfrac{100}{20}}}}$

${\implies{\sf{P = 195 \times \dfrac{\cancel{100}}{\cancel{20}}}}}$

${\implies{\sf{P = 195 \times 5}}}$

${\implies{\sf{\underline{\underline{P = \ 975}}}}}$

Hence, the principal is $975.

$\rule{300}{2.5}$