A man deposited a sum of Rs. 5000 in a bank and earned an interest of Rs. 600 in 2 years.
How much would a deposit of Rs. 8000 earn in the same period? (Rate of interest being the same)
What we will use here direct or inverse proportion?
Answers
Answered by
33
principal=5000
si= rs 600
time=2 years
rate=?
rate=si×100/time×principal
rate=60000/10000
rate=6%p.a
new principal= 8000
si=p×r×t/100
si=8000×6×2/100
si= rs 960
therefore si on rs 8000 is rs 960
Answered by
2
Answer:
it will be direct variation as both of them are increased
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