invested rupees 10000 at the rate of 5% simple interest per annum he received rupees 11,000 after some years find the number of years
Answers
Answered by
7
Answer:
2 years
Step-by-step explanation:
Let the time be T.
S.I. = Rs (Amount - principal)
= Rs (11000-10000)
= Rs 1000
According,
1000= ( 10000*5*T) / 100
100000 = 10000*5*T
10 = 5*T
T = 2 years
Hope it helps......
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Answered by
2
Answer:
2 years
Step-by-step explanation:
principal=10,000
rate=5%
amount received=11,000
A=S+I
I=A-S
S.I.=1,000
S.I.=PXRXT/100
1000=10,000X5XT/1OO
1000X100/10000X5=T
10/5=T
T=2years
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