Question

Mr. Shankar invests Rs. 2,00,000 on an investment. He receives Rs. 2,50,000 at the time of maturity of the investment. What is the percentage he received as interest on investment?​

Answer 1

Answer:

10% intrest on 200000 investment

am I right?

Answer 2

SOLUTION :

Investment or Principal = Rs. 2,00,000
Amount = Rs. 2,50,000
Interest = A - P
=> Rs. ( 250000 - 200000 )
=> Rs. 50000
Interest ( in % )
= ( 50000/200000*100 )
= 25% ( ANSWER )