Question

In how many years the simple interest on rs. 6000 at 10% rate of interest s.I will become rs. 2000?

Answer 1

it will be in 20/6 yrs

Answer 2

Answer:

$3\frac{1}{3}$ years.

Step-by-step explanation:

Simple interest = Rs. 2000

Principal (P) =Rs. 6000

Rate of interest (R) = 10%

Formula : $SI =\frac{P\times R\times T}{100}$

Substitute the values

$2000 =\frac{6000 \times 10 \times T}{100}$

$\frac{2000 \times 100}{6000 \times 10} =T$

$\frac{10}{3} =T$

$3\frac{1}{3} =T$

Hence he simple interest on rs. 6000 at 10% rate of interest s.I will become rs. 2000 in $3\frac{1}{3}$ years.