how many years Rs. 50 will amount to Rs. 55 at 4 % per annum rate of interest
Answers
Answered by
0
Answer:
2.5 yrs.
Step-by-step explanation:
Also,Amount(A) = P + S.I. Here,P = ₹50, A=₹55,R =₹4% ,T = ? =>5 = 2T => T = 2.5 yrs.
Answered by
18
Answer:
2.5 year
Step-by-step explanation:
we know ,
simple interest = P×R×T/100
Here,
p= principal
R= Rate of interest per annum
T = time
Also, amount (A)= P+S.I
= 55=50+50×4×T/100 ( we have to put the values in the formula of amount )
55 = 50+200×T/100
= 50+2T
5= 2T
T = 2.5 years
I hope it will help you
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