Find the principal.Annual rate of interest = 8%Period = 5 yearsTotal interest=2900 rupeesPrincipal =rupees

The principal amount is 7250 rupeesFurther explanation:The simple interest formula will be used.The formula for calculating amount of interest over a period of time is:[tex]I=P_0rt[/tex]HereP_0 is the principal amont,r is the interest rate I is the interest andt is the timeGiven[tex]Interest\ rate=r=8\%\\Time=t=5\\Ineterest =I=2900[/tex]Putting the values in the formula[tex]2900=P_0*0.08*5\\2900=P_0*0.4\\P_0=\frac{2900}{0.4}\\P_0=7250\ rupees[/tex]The principal amount is 7250 rupeesKeywords: Simple interest, interest calculationLearn more about simple interest at:brainly.com/question/1577690brainly.com/question/1575090#LearnwithBrainly