Question

what principle will amount to rupees 20500 in 2 years at the simple interest of 2% per annum

Answer 1

plz bhai ye formula h Simple interest on principal amount P for T years at the rate of R % is given as:1) Principal =100 × S.I.(R × T)2) Years =(100 × S.I.)(P × R)3) Rate of Interest =(100 × S.I.)(P × T)4) Simple Interest =(P × R × T)100