Question

Some amount yeald ₹500 interests of rate 5% p.a for 2year calculate the principle

Answer 1

Answer:

=Rs. 5000

Step-by-step explanation:

= I=$\frac{PTR}{100}$

Here

I=Rs.500

T=2 years

R=5% p.a.

so

500= $\frac{P*5*2}{100}$

$500=\frac{P*10}{100}$

zero gets cancelled

$500=\frac{P}{10}$

taking 10 to the other side

P= 5000