At what rate percent will a sum of rupees 400 amount to rupees 520 in 5 years
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Answer:
Given ,
Amount = 520
principle = 400
time = 5 yrs
Now ,
Amount = (P * T * R )/100 + P
or, 520 = (400 * 5 *R )/100 + 400
or, 520 - 400 = 20 * R
or, R = (520 - 400 )/20
•°• R = 6 % Ans
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r is to s.i into 100 then p X t. 400 X. 100 upon 520 X5= 6
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