Question

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​

Answer 1

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$simple \: interest = \frac{p \times r \times t}{100}$

$125 = \frac{p \times 5 \times 5}{100}$

$125 \: \times \frac{100}{5 \times 5} = p$

$500 = p$

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