Question: Please help with the problem. I ask that you please include the steps so that I can learn to work the problem myself for future

Please help with the problem. I ask that you please include the steps so that I can learn to work the problem myself for future reference. Thank you. Lucky Champs owes $191.25 interest on a 6% loan he took out on his March 17 birthday. The loan is due August 17. What is the principle? (assume ordinary Interest)

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