Q. A sum yields ₹2750 interest in 5 years at 11% simple interest. What is the principal?
✅ Correct Answer: (B)
₹5000
Explanation: SI = (P × 11 × 5) / 100 → 2750 = 55P/100 → P = 5000.
Explanation by: Mr. Dubey
SI = (P × 11 × 5) / 100 → 2750 = 55P/100 → P = 5000.