At what rate percent per annum will rs800 amount to rs 1000 in 2 years
Answers
Answered by
2
R% = ?
Amount = 1000
Principal = 800
Time = 2 years
A= SI + P
SI = A-P
= 1000-800
= 200
SI = PxRxT/100
Rate = SI x 100 / P x T
= 200x100/800x2
= 200/16
= 12.5 %
Therefore , Rate % p.a. = 12.5%
Hope you are satisfied and please mark this answer as brainlest
Amount = 1000
Principal = 800
Time = 2 years
A= SI + P
SI = A-P
= 1000-800
= 200
SI = PxRxT/100
Rate = SI x 100 / P x T
= 200x100/800x2
= 200/16
= 12.5 %
Therefore , Rate % p.a. = 12.5%
Hope you are satisfied and please mark this answer as brainlest
Similar questions