The Soderberg criterion for a material under cyclic loading states that for a component to have a factor of safety \(n\), the maximum principal stress \( \sigma_{{max}} \) should be less than or equal to the endurance limit divided by the factor of safety:
\[
\frac{\sigma_{{max}}}{{Endurance Limit}} \leq \frac{1}{n}
\]
where \( n \) is the factor of safety, and the endurance limit of the steel is the same as its yield strength.
Given:
The factor of safety \( n = 2 \),
The ultimate strength is twice the yield strength, and the endurance limit is equal to the yield strength.
For a factor of safety of 2, the maximum principal stress should be:
\[
\sigma_{{max}} = \frac{{Endurance Limit}}{2}
\]
Thus, the maximum applied tensile principal stress is half of the endurance limit.