what is the principal of simple interest Rs 50000 @12% for 5 years
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Answered by
0
Answer:
₹30000
Step-by-step explanation:
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Answered by
0
Answer:
Principle Amount = Rs 83,333.33
Step-by-step explanation:
Total interest for 5 years Rs 50000
Interest for 1 year Rs 10000
=50000/5
Interest= Principle X Interst Rate
10000= Principle X 12 %
Principle = 10000/12 % RS .83333.33
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