Question

how many years of interest rupees 1200 at the rate of interest 4% for year will be rupees 200?​

Answer 1

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Step-by-step explanation:

Approximately 10% rate of simple interest shall convert ₹1000 to ₹1200 in two years time.

SI = P x ROI x T & Amount (return) = P + SI

i.e. at the end of 1st year

SI = 1000 x 10% x 1 = 100 & Principle for 2nd year 1000 + 100 = 1100

Now, in similar manner, interest has to be calculated & at maturity the amount will be as ₹1210

SI = 1100 x 10% x 1 = 110 & Amount = 1100 + 110 = 1210

Answer 2

Answer:

after 4.166 (approx ) years the simple interest will be 200

Step-by-step explanation: