What is the sum on which the simple interest for 5 years at the rate of 5% per annum is Rs "125." Find amount also
Answers
Answered by
2
Answer:
Step-by-step explanation:
So Process to find Interest is First Value(125)*Rate of Interest(5)*Number of Years./100
so 125*5*5/100
= 625*5/100
=3125/100
=31.25
Answered by
7
It is given that simple intrest for 5 years per annum at 5% intrest is ₹125.So we can easily find the principle amount by applying formula of Simple interest.
So let's start!
Hence the principle amount is Rs.500.
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