Question

Find the Principal amount if Simple interest is Rs 100 and rate of Simple interest is 5 % per annum , for 2 years​

Answer 1

Answer:

SI = p×r×t/100

100=p×5×2/100

p= 1000₹

Answer 2

Answer:

SI = 100 rate= 5℅ time= 2 years.

so, principal = SI× 100/ R×T

100x100/5x2= 200/10= 20 Rs.

so, amount= p+I = 20+100= 120 Rs ans.