At what rate per cent annum will $800 amount to $1000 in 2 years?
Answers
Answered by
1
a=1000$
time=2years
simple interest = 800$,p=
rate of interest=?
SI=ptr/100=>1000*2*r/100=800
r=80000/2000=20%
time=2years
simple interest = 800$,p=
rate of interest=?
SI=ptr/100=>1000*2*r/100=800
r=80000/2000=20%
Sontsshali:
Not correct in my book questioned answer is 12.5
Answered by
6
P=800
A=1000
SI=A_P
=1000_800
=200
T=2 YEARS
R=(SI×100)/P×T
=(200×100)/800×2
25/2
=12.5
I hope it helps
A=1000
SI=A_P
=1000_800
=200
T=2 YEARS
R=(SI×100)/P×T
=(200×100)/800×2
25/2
=12.5
I hope it helps
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