6. The simple interest of Rs
500 at the rate of 5% is Rs
100. This interest is of the time
Answers
Answered by
1
Answer:
Principal = Rs 500
Interest = Rs 100
Rate = 5%
Interest, I =
100
P×R×T
100=
100
500×5×T
T=4 years.
Answered by
1
Answer:
4 years
Step-by-step explanation:
p= 500
r= 5%
let time be t
p*r*t/100=100
500*5*t/100=100
so, t=100*100/500*5
t= 4
so time is 4 years
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