Help please!!

Mathematics

1 answer:

nekit [7.7K]3 years ago

3 0

Answer:

Principal is $1000

Step-by-step explanation:

• From the formular of simple interest:

$s.i = principal \times rate \times time$

• substitute and find the principal:

$100 = p \times \frac{2}{100} \times 5 \\ \\ 0.1p = 100 \\ \\ = { \underline{ \: \:1000 \: \: dollars \: \: }}$

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Read 2 more answers

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