SOLUTION: I am required to pay 5% on the principal ($5000)...I know that 5% = $250. But, what if I knew what 5% was and didn't know what the principal amount was? How would I calculate the

Algebra ->  Algebra  -> Percentages: Solvers, Trainers, Word Problems and pie charts  -> Lessons -> SOLUTION: I am required to pay 5% on the principal ($5000)...I know that 5% = $250. But, what if I knew what 5% was and didn't know what the principal amount was? How would I calculate the      Log On