at what rate will rupees 800 amount to rupees 1400 is 6 year
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Answered by
1
Step-by-step explanation:
p = 800
A = 1000
I = 200
S. I = pnr/100
200 = 800 * 2 * r
----------------
100
200 /8*2 = r
12. 5 % = r
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3
Given:
Principle (P) = 800
Amount = 1400
Time (T) = 6 years
Rate (R) = ?
Simple Interest (S.I.) = Amount - Principle
= 1400 - 800 = 600
S.I. = (P×R×T)/100
600 = (800×R×6)/100
600 = 4800R/100
600 = 48R
R = 600/48
R = 25/2
R = 12½ % or 12.5 %
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