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Simple Interest 1
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What is the sum which when lent at 5% S.I. for 5 years would yield Rs. 250?
Options
- Rs. 1000
- Rs. 2500
- Rs. 1500
- Rs. 2400
CORRECT ANSWER : Rs. 1000
Discussion Board
Answer
S.I=250
Time=5
Intrest=5
Formula={S I = T*P*R/100}
250=5*5*P/100
250=25P/100
250=P/4
P=250*4
P=1000
Ashraf 01-15-2025 07:38 PM
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