Find the principal if interest is500 rate is 5time is 2years
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SI = P×R×T/100
500= P×5×2/100
P=500×10
P =5000
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Answer:
Principal =RS. 5000
Step-by-step explanation:
With the formula: Interest *100/Rate*Time=Principal,
we get, 500*100/5*2=50000/10=5000
Therefore, Principal =RS.5000
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