Question

On a certain sum the interest paid after 5 years is 450 at 5% rate of interest per
annum. Find the simple interest ​

Answer 1

Answer:

Interest=450

Time=5 years

Rate=5 percent

P=x

P=Interest×100/Rate×Time

450×100/5×5

P=1800

SI= P+I

SI=1800+450

SI=2250