in what time will the simple interest be 2 by 5 of the principal at 8% p a
Answers
Answered by
3
Step-by-step explanation:
Let principal be p
Simple interest = 2/5 p
R = 8 % p.a.
Time = Interest ×100/P × R
Time = (2/5p) × 100/p × 8
= 40/8
= 5 yrs
Hope it helped...
Answered by
2
Answer:
5 years
Step-by-step explanation:
Let principal be x.
Therefore, simple interest=(2x)/5
We know, time=(100 × simple interest)/(principal×rate)
Therefore, (100×2x)/(x×8×5) years
= 5 years
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