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How do you calculate principal when amount rate of interest and time is given?
A = P*(1+R/100)T Where A = amount P = Principal R = Interest Rate (in percentage), and T = Time Since R and T are known, you can calculate (1+R/100)T = k, say. Then A = P*k so that P = A/k
What percentage of 5950.00 is 48000?
P over B equals R over 100 => P/B = R/100 => P/5950 = 48000/100 => P = 5950 * 480 = 2856000 Or 59.50 * 48000 = 2856000
How do you find the principal when all you have is the rate the time and the interest?
The answer depends on whether you are dealing with simple interest of compound interest. Suppose P = Principle R = Rate (in % per annum) T = Time (in years) I = Interest Then for simple interest: I = P*R*T/100 so that P = 100*I/(R*T) For compound interest P+I = P*(1+R/100)T so that P = I/[(1+R/100)T - 1]
Formulas on Percentage Base and Rate?
P=B×RB=P÷RR=P÷B
Which letters have a sloping straight line?
B, D, E, F, H, I, K, L, M, N, P, R, T, (As capitals) b, d, h, i, k, l, m, n, p, q, r, (as small letters)
