If the simple interest on a sum of money for 2 years at 5% per annum is rupees 50 what is the
Answers
Answered by
2
Given that,
time=2 years
Rate per annum = 5%
SI =50
let the principal amount be P . then
SI= P×T×R/100
50= P×2×5/100
P=500 rupees
:-)hope it helps u.
pls mark as brainliest.
time=2 years
Rate per annum = 5%
SI =50
let the principal amount be P . then
SI= P×T×R/100
50= P×2×5/100
P=500 rupees
:-)hope it helps u.
pls mark as brainliest.
Similar questions