In how much time simple interest on rs.2100 at 5% per annum be rs.525
Answers
Answered by
16
• According to given question :
Answered by
19
5 yr
Step-by-step explanation:
Given :
Principal(p) = Rs 2100
Rate of interest (r) = 5 %
Simple Interest (i) = Rs 525
To find :Time(t)
Solution :
We know that,prt/100 = i
t = (i×100)/ p× r
Hence, The required time is 5 yr .
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