Math, asked by harshwardhankakade27, 19 days ago

16. How much time will it take for a principal of Rs 20,000 to give Rs. 1,000 as interest at 5% annum?​

Answers

Answered by sharmapriyansu33
1

Step-by-step explanation:

I= (P×R×T)/100

T= (I×100)/(P×R)

T= (1000×100)/(20000×5)= 1

Therefore, Time Period (T)= 1 year..

Similar questions