in how much time rs 200 becomes rs 2100 at the rate of 5/ per annum
Answers
Answer:
Principal: The money which we deposit in or the lower from the bank or the money learned called the principal.
Rate of interest: The interest paid on $ 100 for one year is called the rate per cent per year or rate per cent per annum.
Time: The period of time for which the money is lent or invested.
Interest: Additional money paid by the borrowed to the lender for using the money is called interest.
Simple Interest: If the interest is calculated uniformly on the original principal throughout the lone period, it is called simple interest.
Amount: The total money paid back to the lender is called the amount.
Answer:
190 years
Step-by-step explanation:
p=200
A=2100
S.I.=2100-200=1900
S.I.=P*R*T/100
1900=200*5*x/100
x=1900*100/200*5=190years
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