Question

if a principal amount of $800 yields to $1200 after 2 years, then what is the amount of interest?

Answer 1

Answer:

S. I. = 400 Rate=25%

Step-by-step explanation:

A = P + S. I.

1200 = 800 + S. I.

S. I. = 400

S. I. = P*R*T

100

R=25%