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Find the principal when simple interest for 10 years at 25/4% per annum is Rs 250

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Here I=Rs 250,R=frac254% P.A. and T=10 years
We want to find the principal P
Using I=fracP imes R imes T100Rightarrow Rs 250=fracP imesfrac254 imes10 100

P=Rsfrac250 imes100 imes425 imes10=Rs400
Hence the principal(original money)= Rs 400.

Posted by

Deependra Verma

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