Question

if ₹4000 amounts to ₹5000 in 2 years find the rate of simple interest per annum​

Answer 1

Answer:

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Answer 2

Answer:

P = Rs. 4,000

Amount = Rs. 5,000

Time = 2 yrs

SI = A-P

= 5,000- 4000

= 1000

SI= PRT /100

=> 1000= 4000× R × 2 / 100

=> 1000 = 8000 R / 100

=> 1000 = 800R

=> 1000/800 = R

= > 1.25 % p.a. = R

Step-by-step explanation:

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