Answer:
r = 2.5 %, n = 2 years, I = 100
Simple interest = PRN/100
HOPE IT HELPS :)
P=2000
Step-by-step explanation:
Since,
[tex]I=\frac{PRN}{100} \\Therefore,\\100=\frac{P*2.5*2}{100} =\frac{5p}{100}\\Therefore\\5p=100*100=10000\\Therefore\\p=\frac{10000}{5}=2000-ANS[/tex]
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Verified answer
Answer:
r = 2.5 %, n = 2 years, I = 100
Simple interest = PRN/100
HOPE IT HELPS :)
Answer:
P=2000
Step-by-step explanation:
Since,
[tex]I=\frac{PRN}{100} \\Therefore,\\100=\frac{P*2.5*2}{100} =\frac{5p}{100}\\Therefore\\5p=100*100=10000\\Therefore\\p=\frac{10000}{5}=2000-ANS[/tex]
P=2000
If you found this answer helpful please mark me as brainliest