Question

In how much time rs 600 will become rs800 with 5% simple interest? please answer..​

Answer 1

Answer:

SI = ₹200

P = ₹600

A = ₹800

R = 5%

let time be T

so we know,

PRT/100 = SI

=> 600×5T = 200×100

=> T = 20000/3000

=> T = 6.67yrs Approx

hope it helped :)