Question

In how many years will ₹800 yield an intrest of ₹320 at 8% pet annum simple intrest​

Answer 1

Answer:

800*8/100=64

320/64=5

Answer 2

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principle = Rs. 800

Rate = 8%

time = ?

$inerest \: = \frac{p \times r \times t}{100}$

putting the values..........

$320 \times 100 = 6400 \times t$

$32000 = 6400t$

$t = \frac{32000}{6400}$

$t = 5$

So, it will take 5 years ........