Q.At an annual simple interest rate of 6%, the interest for 5 months is \(\cfrac{x}{10}\) rupees. What will the principal be? (a) ₹ 2x (b) ₹ 4x (c) ₹ 10x (d) ₹ 20x
Answer: B
The rate of interest (r)=6%
Time (t)=\(\cfrac{5}{12}\) years
Amount of interest (I)=\(\cfrac{x}{10}\) rupees

∴Principal (p)=\(\cfrac{100×I}{rt}\) rupees
=\(\cfrac{100×\cfrac{x}{10}}{6×\cfrac{5}{12}}=\cfrac{100×x×12}{6×5×10}\)
\(=4x\) rupees
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