Question

Manish took an amount as a loan and paid Rs 630 after 2 years. The simple interest rate was 2.5%. Find the principal
opction wrong ???​

Answer 1

Answer:

1260

Step-by-step explanation:

simple interest = principle amt *intrest rate* year/100

630= x*2*2.5/100

630*100/2*2.5=x

X= 1260

Answer 2

P+SI=630

now r.t=2.5*2=5%

P+SI=630

105%------> 630

100%-------->600