Question

The simple interest on a certain sum of money at8% pero annum for 2years is rate 200 find the sum? ​

Answer 1

Answer:

1250

Step-by-step explanation:

let the sum of money or principal be x

then, rate of interest = 8%p.a, time = 2years, S.I. = 200

so ATP,

S.I. = prt/100

200= p*8*2/100

200 = p*16/100

p = 200 * 100/16

p = 20000/16 = 1250

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Answer 2

Answer:

Rs 1250

Step-by-step explanation:

P*R*T/100=I

P*8*2/100=200

P=200*100/16

=20000/16

=1250