Question

a person deposited a sum of rupees 10000 in his savings account after 2 years he withdraw rupees 4000 and at the end of 6 years what amount he will get and at what rate of simple interest

Answer 1

Let SI=10000

Rate= 100*SI/P*Time
100*10000/10000*6
100/6
50/3
16*2/3 ANS