In how much time will the simple interest on rupees 600 be rupees 300 at 10 percent per annum
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Answer:
Time = 5 years
Step-by-step explanation:
PTR/100 = S.I
P is principal amount = 600
T is Time= x
R is rate of interest= 10
S.I is simple interest= 300
By your question,
600 *x*10 /100 = 300
600*x*10 = 30000
6000*x = 30000
x = 30000/6000
x = 5
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