Question 1184596
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What is the principal amount if the amount of interest at the end of 2 ½ year is 4, 500 pesos for a simple interest of 6% per annum?
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<pre>
From the general formula

    I = Prt


you have  

    P = {{{I/(r*t)}}} = {{{4500/(0.06*2.5)}}} = 30,000 pesos.    <U>ANSWER</U>
</pre>

Solved.


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To see many other similar &nbsp;(and different) &nbsp;solved problems on simple interest accounts, &nbsp;look into the lesson

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/percentage/lessons/Simple-interest-percentage-problems.lesson>Simple interest percentage problems</A> 

in this site.



Learn the subject from there.