The amount of money initially deposited into an account or the amount of money harrowed from a lender is called?
اکاؤنٹ میں شروع میں جمع کروائی گئی رقم یا قرض کے طور پر لی گئی اصل رقم کو کیا کہتے ہیں؟
- Interest
- Markup
- Principal
- None of these
Explanation
- The principal is the original amount of money deposited or borrowed.
- It is the base amount on which interest or profit is calculated.
- This term is commonly used in banking, loans, and investments.
- Without principal, no interest or markup can be calculated.
- It is the starting value in all financial transactions.
Last verified on 12-04-2026
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