Question

simple interest of what some of money will be 90 at 6 percent per annum for 5 years​

Answer 1

simple interest = 90

rate = 6%

time = 5 years

principal p = ?

simple interest = principal × time × rate

100

90 = p × 5 × 6

100

p × 30 = 90 × 100

p = 90 × 100

30

p= 300

Principal = Rs. 300