At what rate will you get the simple interst Of RS 4000 of rs 20000 for 4 years
1] 8p.c.p.a
2] 5 p.c.p.a
3] 7.5 p.c.p.a
4] 10p.c.p.a
Answers
Answered by
0
Answer:
2)5.p.c.p.a will be our rate in this.
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Answered by
0
Answer:
b) 5% p.a.
Step-by-step explanation:
S.I=(P×R×T)/100
Given: S.I.=RS4000
P=RS20000
T=4 Yrs
Now putting this value in formula above
4000=(20000×R×4)/100
4000×100=20000×R×4
400000/(20000×4)=R
By simplifying we get
R=5%p.a.
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