Question

Find the principal that shall earn interest of Rs. 60 at 6% per annum in 5 years.​

Answer 1

Answer:

${\huge{\pink{↬}}} \:  \: {\huge{\underline{\boxed{\bf{\pink{Answer}}}}}}$

Principal = Rs. 2000, Rate of interest = 5% per annum, and Time = 5 years. (i) .... T = \frac{6} {12} = \frac{1}{2} year (1 year = 12 months)