Question

In how many years will ₹2000 yield an interest of ₹400 at 10% p.a. simple interest​

Answer 1

Step-by-step explanation:

Formula to calculate Simple Interest?

If P denotes the principal ($), R denotes the rate (percentage p.a.) and T denotes time (years), then:-

S.I = (P × R × T)/100

R = (S.I × 100)/(P × T)

P = (S.I × 100)/(R × T)

T = (S.I × 100)/(P × R)

If the denotes the amount, then A = P + S.I