5.
Principal E5000, Rate of interest 8%
period - 2 years Interest = ?
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0
Answer:
Interest=principal×time×rate of interest/100
=Rs 5000×2×8/100
=Rs 800
Answered by
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Rate of interest = prt/100
= 5000*8*2/1000
= 800
Therefore , rate of interest of 2 years is 800 rupees
= 5000*8*2/1000
= 800
Therefore , rate of interest of 2 years is 800 rupees
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