The intersest of rs 3000 for one year 1 year rs210 . What is the intersest on rs 4500 a year if one wants to get an interset of rs 700. What should be the principal.? plz answer and step by step

Hi, P=3000t = 1 year SI= 210 so SI=PRT100R = 100×2103000= 7%Now interest on 4500 = 4500×7×1100=Rs 315 now for getting interest 700 700 = P×7100P = 10000Regards

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