Arithmeticeasy · Past Paper
Find the principal that earns Rs 250 simple interest in 5 years at 2% per annum.
ARs 2000
BRs 2500
CRs 3000
DRs 3500
✓ Correct Answer: B — Rs 2500
P = (I*100)/(T*R) = (250*100)/(5*2) = 25000/10 = 2500.
Share this question
More from Arithmetic
- The simple interest on a sum is 1/9 of the principal. If the number of years is equal to the rate percent, find the rate.
- Calculate SP if CP is Rs. 400 and profit is 10%.
- If A is 150% of B, then B is what percent of (A+B)?
- A sum of money is doubled in 10 years at SI. In what time will it be tripled?
- Find the amount if Rs 5000 is invested at 10% simple interest for 2 years.