Some amount yield Rs 500 intrest at the rate of 5% p.a for 2 years . Calculate principle
Answers
Answered by
1
Answer: its 2500
Step-by-step explanation:
because u have to times them
Answered by
3
Answer:
Principal = rs 5000
Step-by-step explanation:
let , the Principal be rs x .
Given:
Rate of interest (r )= 5 %
Time ( t ) = 2 yrs
Interest (I)= rs 500
To Find :
Principal ( p )
We know that ,
I = prt/100
or , 500 = p × 5 × 2 / 100
or , 500 = 10p/100
or , 500 = p/10
or , 500×10 = p
or , 5000 = p
So , the required Principal is rs 5000 .
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