document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=417841>Question 417841</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A bank deposit paying simple interest at the rate of 8% per year grew to a sum of $2000 in 10 months. Find the principal\r<BR>\n" );
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document.write( "Just need some help on how to do this problem and the answer, so I can do the rest of my HW.   Please Help, Thanks! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #292485 by </B><A HREF=/tutors/aboutme.mpl?userid=sudhanshu_kmr><B>sudhanshu_kmr(1152)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=sudhanshu_kmr><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=sudhanshu_kmr><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=292485\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let principal amount = x , time = 10/12\r<BR>\n" );
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document.write( "interest = (principal * rate *time) /100 \r<BR>\n" );
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document.write( "= x * 8 *10 / 12* 100 \r<BR>\n" );
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document.write( "= 80x/1200 \r<BR>\n" );
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document.write( "= x/15\r<BR>\n" );
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document.write( "total sum = x + x/15 \r<BR>\n" );
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document.write( "here x + x/15 = 2000\r<BR>\n" );
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document.write( "=> 16x/15 = 2000\r<BR>\n" );
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document.write( "=> x = 2000* 15 / 16 = 1875\r<BR>\n" );
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document.write( "principal = $ 1875 \r<BR>\n" );
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document.write( " </SPAN>\n" );
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