Question

in 2years a sum of 20000 earns a simple interest of 6000. at the same rate of interest, what will be the interest earned for 35000 in 2 Years​

Answer 1

Step-by-step explanation:

according to the question

SI=p*r*t/100

here

6000=20000*r*2/100

here r we have to find out

6000=200*r*2

6000=400*r

r= 6000/400=15%

now we get the rate of interest so

SI= p*r*t

35000*15*2/100

= 10500rupees

so SI = principal + interest = 35000+10500=45500ruppes

hope my answer will help you.