at what rate percent shall sum of ₹400 amount to ₹520 in 5 year
Answers
Answered by
24
Hi ,
Principal ( p ) = Rs 400
Amount ( A ) = Rs 520
Simple interest ( I) = A - P
I = 520 - 400
I = Rs 120
Time ( t ) = 5 Years
Let the rate of interest = r %
We know that
( ptr ) / 100 = I
t = ( 100 × I ) / pt
t = ( 100 × 120 ) / ( 400 × 5 )
t = 6 years
I hope this helps you.
:)
Principal ( p ) = Rs 400
Amount ( A ) = Rs 520
Simple interest ( I) = A - P
I = 520 - 400
I = Rs 120
Time ( t ) = 5 Years
Let the rate of interest = r %
We know that
( ptr ) / 100 = I
t = ( 100 × I ) / pt
t = ( 100 × 120 ) / ( 400 × 5 )
t = 6 years
I hope this helps you.
:)
Answered by
10
Step-by-step explanation:
principal=400
amount=520
simple interest=amount - principal
simple interest=520-400=120
R=S.I×100÷P×t
120×100÷400×5
6%p.a
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