Question

Find the principal that earns ₹250 as simple interest in 2 1/2 years at 10% per annum​

Answer 1

Answer:

Step-by-step explanation:

S.I=  Rs.250

t= 2 1/2 =5/2 years = 2.5 years

r= 10%

we know that S.I = (P×r×t)/100

so we have to find P from the equation

250 = (P×10×2.5)/100 ⇒ P = Rs.1000

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