at what rate simple interest on 4000rs will be 800rs in 2 years
Answers
Answered by
1
Step-by-step explanation:
Si= 800
SI = PRT/100
800= 4000xRX2 /100
800x100/4000x2= R
40%=R
Answered by
1
Answer:
Rate of Interest = 50% p.a.
Step-by-step explanation:
Principal: Rs 4000
Amount: Rs 8000
Simple Interest: Rs 4000
Rate of Interest: ?
Time: 2 years
Simple Interest = P×R×T
4000 = 4000×R/100×2
4000 = 80R
R = 50% p.a
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