what principal will amount to rs 2500 in 5 years at 5% per annum - Maths - Comparing Quantities

Question

what principal will amount to rs 2500 in 5 years at 5% per annum ?

Abhishek Bhartee · Answer

Let principal = P, Time = 5 years, Rate - R = 5%, Amount - A = I +
P = 2500 So, I = A - P = 2500 - P
We know that P = Interest100 / PRT= (2500 - P) 100 / 5525
P = 250000 - 100
P 125 P = 250000
P = 250000 / 125 = 2000 rupees