5000 രൂപക്ക് 2 വർഷത്തേക്ക് 800 രൂപ സാധാരണ പലിശ കിട്ടുമെങ്കിൽ പലിശ നിരക്ക് എത്ര
Answers
Given:
Rs.5000 gets the normal interest of Rs.800 for 2 years
To find:
The rate of interest
Solution:
We will use the following formula of simple interest to solve the given-problem:
Here we have,
Principal, P = Rs. 5000
Time, T = 2 years
Simple interest, S.I. = Rs. 800
Let "R" represent the rate of interest.
Now, substituting the given values in the formula of simple interest, we get
Thus, if Rs.5000 gets the normal interest of Rs.800 for 2 years then the interest rate is 8% p.a.
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