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The SI on a sum for 5 years at 6% p.a. is ₹1,500. Find the principal.
A₹4,000
B₹5,000
C₹6,000
D₹7,500
Answer & Solution
Correct answer: B. ₹5,000
1. P = SI × 100 / (R × T).
2. P = 1500 × 100 / (6 × 5).
3. P = ₹5,000.
_Source: jkchrome SI-CI QB, p.3 — SI principal_
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