Question

There was simple interest of Rs 4016.25
on a principal amount at the at the rate of
9% p.a in 5 years. Find the principal
amount.​

Answer 1

Answer:

the principal of the amount is 2124

Answer 2

Simple interest = rs 4016.25
Rate = 9%
Time = 5yrs
Principle = ?
SI = (P*R*T)/100

P=(4016.25*100)/(9*5)=8925