Please solve this question with the help of the options and also explain me.
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Step-by-step explanation:
Given, time-2yrs, C.I.-S.I. Is Re1
rate is 4% and in fraction 4/100
Now, in simplest form it is 1/25
now, time is 2yrs so we will square the denominator i.e. (25)²=625unit
so, we will take 625unit as principal
here , we will get C.I. -S.I. - 1UNIT
1UNIT_____ Re 1
so, 625 unit_____ Rs. 625
principal =Rs. 625
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