Question

how long does it take for a principal of ₹25,000 at a simple interest rate of 5%to become₹30,000?​

Answer 1

Answer:

I=30000-25000 = 5000

P=25000

R = 5%

N=100xI/PR

100 x 5000/25000x5=4 yrs

Time N=4 yrs

Answer 2

Step-by-step explanation:

30,000-25,000 = 5,000

T= SI×100

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P × R

T= 5000 × 100

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25,000 × 5

T= 4

Therefore, 4 Years ANS