Question

*What will be the principal if simple interest is Rs 600 for 2 years at the rate of 12.5?*

1️⃣ Rs 6000
2️⃣ Rs 2500
3️⃣ Rs 3000
4️⃣ Rs 2400​

Answer 1

Answer:

4️⃣Rs 2400

Step-by-step explanation:

I=PNR

Given,

I=600

N=2years

R=12.5

P=?

substituting these values we get,

600=P×2×12.5/100

600=Px25/100

600=Px0.25

600/0.25=P

P=600/0.25

P=2400

Therefore the principal is Rs 2400