answer this question using direct variation
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SI = 600
Principal = 5000
Time = 2 years
Rate = ?
SI = p.r.t/100 (where p is principal, r is rate and t is time)
600 = 5000x r x 2 /100
100r = 600
r = 600/100
r = 6%
New principal = 8000
Rate = 6%
Time = 2 years
SI = 8000 x 6 x 2 / 100
SI = 960
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here is your answer.....
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