Find the principal invested at the rate of 5% pa simple interest if an amount of Rs. 1210 was
obtained at the end of 2 years?

1 thought on “Find the principal invested at the rate of 5% pa simple interest if an amount of Rs. 1210 was<br />obtained at the end of 2 years?”

1. Answer:

   Rs. 12100

   Step-by-step explanation:

   Let P be the principal , R=5 be the rate, N= 2 be no. of years

   [tex]I=\frac{P*R*N}{100}[/tex]

   ∴[tex]P=\frac{100*I}{R*N}[/tex]

   Given I = 1210

   [tex]P= \frac{1210*100}{5*2}[/tex]

   P= 12100

   hope it helps..

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