Question

calculate the interest on rs1000 in 5 year if the interest is rs 300 in 6 year at the same rate.​

Answer 1

Answer:

300/6=50 5*50=250 1000+250 = 1250 it is total money and intrest is 250

Answer 2

principle=1000

RATE =R

TIME =6 YEAR

1000×6×R/100=300

R=300×100/6/1000

R=5

INTEREST ON 5YEAR=1000×5×5=25000.

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