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

Answers (1)

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.

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