Question

how long does it take for a principal of rupees 25000 at a simple interest rate of 5 person to become 30,000 what​

Answer 1

Answer:

24 years.

Step-by-step explanation:

Principal money= 25000.

Rate of interest= 5%=0.05

Amount =30000.

Let the time be T years.

Now according to formula,

30000=(25000×0.05×T)

T=30000/(25000×0.05)

T=24

Thus the time required is 24 years.

Answer 2

Answer:

4 years

Step-by-step explanation:

p =25000

r=5

a=3000

1. t=p×r/