Question

If the SI at 10% for 5 years is ₹5000 then what will be the principal?

Answer 1

Answer:

RT is principal

R.rate of interest

T.number of year

Answer 2

Given -

• Simple Interest (S. I) =₹5000
• Rate(R) = 10% per annum
• Time (T) = 5 years

To find-

• The Principal(P)

Solution -

We know that,

$P = \frac{100 \times S. I}{R×T}$

By putting the values we will get -

$P = \frac{100 \times 5000}{10 \times 5}$

$P = \frac{500000}{50}$

$P = 10000$

Therefore the principal is ₹10,000

Related Formulae -

$1)S. I= \frac{P\times R \times T}{100}$

$2)P = \frac{100 \times S. I}{R×T}$

$3)R = \frac{100 \times S. I}{P×T}$

$4)T= \frac{100 \times S. I}{P×R}$