Question

1. Find the Principal when S.l. = 100 Rate = 5% per annum Time = 2 years.​

Answer 1

The principal is 1000

SI = PRT/100

Simple interest = 100

Rate = 5%

Time = 2 years.

SI = PRT/100

100 = (P × 5 × 2)/100

10000 = 10P

P = 10000/10

P = 1000