Question

if principal = 1000
Rate = 8%
Amount = 1200
find time and simple interest ​

Answer 1

⫷❥ᴀ᭄n §₩ΣR⫸

Given,

Principal= Rs1000

Amount= Rs1200

Interest= Rs ( 1200-1000 )

= Rs 200

Required time= (100×200)/1000×8

= 2.5 years

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