Question

In how many years will a sum of Rs 5000 amount to Rs 5800 at the rate of 8% per annum?

Answer 1

Answer:

Step-by-step explanation:

5000×8%

RS 400 will be the interest amout per year

There fore

He earned rs 5800 for the interest rate of 8%

5800-5000

Will be interest amount

Therefore

800 is earned ininterest amount of x years

800/400

2 yrs

Answer 2

Answer:

5000*8%

If 400 is equal to the interest

Then :

5800 - 5000

= 800

800 ÷ 400

= 2

So answer is 2 years