Question

At what rate per cent will a sum of 1200 amount to 1600 in 6 years?​

Answer 1

Answer:

........

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.

Answer 2

Step-by-step explanation:

Answer:

........

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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