If principal becomes 5times in 4 years find the rate of interest?
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Answer :-
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Given ,
• Principal becomes 5 times in 4 years.
To find ,
• The rate per annum.
Now ,
Let , the principal = p
time ( t ) = 4 years
rate per annum = r%
and interest ( I ) = ( 5p - p ) = 4p
[ • Note :- Principal becomes 5 times in 4 years ]
Now , It's a simple interest so as the formula
Intereste = ( Principal × time × rate ) / 100
4p = ( p × 4 × r ) / 100
•°• r = 100
So , the rate per annum is 100%
_____________________
★ Be Brainly ★
_____________________
Given ,
• Principal becomes 5 times in 4 years.
To find ,
• The rate per annum.
Now ,
Let , the principal = p
time ( t ) = 4 years
rate per annum = r%
and interest ( I ) = ( 5p - p ) = 4p
[ • Note :- Principal becomes 5 times in 4 years ]
Now , It's a simple interest so as the formula
Intereste = ( Principal × time × rate ) / 100
4p = ( p × 4 × r ) / 100
•°• r = 100
So , the rate per annum is 100%
_____________________
★ Be Brainly ★
ahmadshamim030:
Thanks sir ..this can help me a lot .thank you very much
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