Find the principal and the amount for simple interest = ₹ 250 , Rate of interest = 10% per annum and Time = 2 years.
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Answer:
principal is 5000
Step-by-step explanation:
simple interest =250, Rate of interest=10%,per annum and time =2years
- = % is taken as 100
- so simple interest×100
- 250× 100
- 25000
so 25000 will divide with rate of interest
- 25000√10
- answer is 2500
multiply 2500 with annum and time
2500×2
5000
i hope you understood
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