Answer:
Principal is $1000
Step-by-step explanation:
• From the formular of simple interest:
[tex]s.i = principal \times rate \times time[/tex]
• substitute and find the principal:
[tex]100 = p \times \frac{2}{100} \times 5 \\ \\ 0.1p = 100 \\ \\ = { \underline{ \: \:1000 \: \: dollars \: \: }}[/tex]
