Draw a graph to represent the relation between time and simple interest on a sum of ₹ 200 at the rate of 5% per annum .
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Given : simple interest on a sum of rs 200 at the rate of 5% per annum
To Find : draw a graph to represent the relation between time and simple interest
Solution:
Amount P = Rs 200
Rate of interest = 5 % per Annum
T = time in Years
Simple interest = P * R * T/100
= 200 * 5 * T/100
= 10T
Time in Years Simple interest in Rs
1 1 0
2 20
3 30
4 40
5 50
6 60
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