The simple interest on a principal amount (in ₹) is ₹318
The simple interest on a principal amount (in ₹) is ₹318 for a period of 2 years at the rate of 6% per annum. The principal amount (in ₹) is:
किसी मूलधन पर 6% की वार्षिक दर से 2 वर्ष की अवधि के लिए साधारण ब्याज ₹ 318 है। मूलधन (₹ में) ज्ञात कीजिए।
Detailed Solution & Logic
Correct Answer:
2650
Simple Interest (SI) = ₹318
Rate (R) = 6% p.a.
Time (T) = 2 years
Formula:
SI = $ \dfrac{P \times R \times T}{100} $
318 = $ \dfrac{P \times 6 \times 2}{100} $
318 = $ \dfrac{12P}{100} $
P = $ \dfrac{318 \times 100}{12} $
Answer = 2650
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