Math, asked by amirthavarshinims202, 6 months ago

Find the principal amount : interest rate = 0.5% , interest earned = $10 , time = 6 months

Answers

Answered by bhumikabv2004

0

Answer:

P = Rs 2000

Step-by-step explanation:

simple interest = [principal × time × interest rate] / 100

=> 10 = [P × 0.5 × 0.5] / 100

=> 1000 / 0.25 = P

=> P = 2000

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