The simple interest on a principal for 6 months at an interest rate of 10% per annum is ₹ 100. What is the principal?

₹1000 ₹2000 ₹1500 ₹2500

₹2000

Simple Interest = \(\frac{Principal ×Rate × Time }{100}\) 6 months = \(\frac{ 6 }{12}\) = 0.5 years ATQ, 100 = \(\frac{ Principal × 10 × 0.5 }{100}\) Principal = Rs. 2000