Difficulty: Easy
Correct Answer: Rs 2000
Explanation:
Introduction / Context:
Two amounts at different times let us compute the uniform annual SI and hence the principal in a linear SI model.
Given Data / Assumptions:
Concept / Approach:
Annual SI = (A5 - A2) / (5 - 2). Then P = A2 - 2 * (annual SI).
Step-by-Step Solution:
Verification / Alternative check:
Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:
Rs 2000.
Discussion & Comments