Question

principal=2000 simple interest=400 time=? rate=3%

Answer 1

Principal, P = 2000
Rate, R = 3%
Time, T = ?
Simple Interest, SI = 400
W.K.T.,
SI = PRT/100
400 = 20 × 3 × T
Therefore, T = 10/3 years.

Answer 2

p×r/si×100
2000×3/100×400
6000/40000
=3/20