at what rate of simple interest per annum will the interest be half of principal in 5 year
Answers
Step-by-step explanation:
We all know that S.I=PRT/100
So,let P be Rs.y
Then,it will be y×R×5/100=y/2
or,R/100=y/2×y×5
or,R=100y/2×y×5
or,R=20/2
or,R=10
Therefore,at 10% rate of simple interest p.a. will the interest be half the principal in 5 years.
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Hope it helps you
Answer:
Hii dear
here is your answer
Step-by-step explanation:
We all know that S.I=PRT/100
So,let P be Rs.y
Then,it will be y×R×5/100=y/2
or,R/100=y/2×y×5
or,R=100y/2×y×5
or,R=20/2
or,R=10
Therefore,at 10% rate of simple interest p.a. will the interest be half the principal in 5 years.
I hope this answer help you
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