At what rate percent of Simple Interest will Rs.250 amount to Rs.300 in 4 years?
Answers
Answered by
1
Answer:
Interest = P * T * R
100
P = Principal= 250/- R = Rate= ? T = Time = 4yrs
Amount = Principal + Interest
300 = 250 + intetest
Interest = 350-250 = 50
Substituting all values in formula
50= 250 * 4 * R
100
R = 50 * 100 = 5%
250 *4
R = 5%
Answered by
0
Answer:
P=₹250,A=₹300,T=4years
Step-by-step explanation:
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