p-5000, R-5%, I-500,T-?
Answers
Answered by
1
Answer:
2 years
Step-by-step explanation:
Principal = Rs.5000
Rate = 5%
Simple Interest = 500
We know that,
SI = PRT/100
500 = 5000 × 5 × T / 100
500 = 250 × T
T = 500 ÷ 250
T = 2 years
Answered by
2
Answer:2 years
Step-by-step explanation:
p=5000,r=5%, i=500
t= i *100/r*p
t= 500*100/5*5000
3 zero is cancel with 3 zero
t= 50/25
t= 2 years
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