The simple interest on a principal amount (in ₹) is ₹191 for a period of 5 years at the rate of 2% per annum. The principal amount (in ₹) is:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 1910.
SI =
191 = = =
⇒ P = ₹1910