At what percent will a sum of Rs.1200 amount to Rs.1600 in 6 years?
Answers
Answered by
25
According to the Question,
Given,
Principal= Rs 1200
Amount= Rs 1600
Time = 6 year
Rate= ?
Simple Interest= Rs 400
Use formula :-
Simple Interest= P*R*T/100
400= 1200*R*6/100
Rate = 50/9%
Hence, the rate percent is 50/9 % at which the sum Rs 1200 amount to Rs 1600.
Answered by
10
Answer:
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Step-by-step explanation:
According to the Question,
Given,
Principal= Rs 1200
Amount= Rs 1600
Time = 6 year
Rate= ?
Simple Interest= Rs 400
Use formula :-
Simple Interest= P*R*T/100
400= 1200*R*6/100
Rate = 50/9%
Hence, the rate percent is 50/9 % at which the sum Rs 1200 amount to Rs 1600.
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