a what rate 4000rupees will amount to 5000rupees in 4 years
Answers
Answered by
5
Answer:
Hey friend,
Here is the answer you are searching for,
Given,
Amount = 5000
Principle = 4000
=>S.I = 5000-4000 = 1000
Time = 4 years
Therefore,
Rate = (S.I×100)/(Principle×Time)
=(1000×100)/(4000×4)
=(100/16)% per. annum
HOPE IT HELPS YOU.
PLEASE MARK AS BRAINLIEST...
Answered by
1
Hii friends !!Here is your answer
Answer:
Given:-
Principal= ₹4000
Amount= ₹5000
Time= 4 years
Step-by-step explanation:
So,
Simple Interest= Amount-Principal
= 5000-4000
= ₹1000
Now, put all the number in the formula of S.I
S.I = P*R*T/100
1000 = 4000*R*4/100
1000 = 40*R*4
1000= 160*R
1000/160= R
100/16= R
R= 6.25% p.a
Therefore, Rate of interest is 6.25% p.a
I hope it will surely help you.
Thank you☺️
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