Principal - 25000, Rate - 4, Time - ?, Interest - 6000, Amount - ?
Answers
Answered by
0
Answer:
Time = 6 years
Amount = 6,25,000
Step-by-step explanation:
Given ;
Principal = 25,000
Rate = 4
Interest = 6,000
Time = ?
Time ( t ) = ( 100 × i ) / ( P × r )
i - interest
P - Principal
r - rate of interest
t = ( 100 × 6,000 ) / ( 25,000 × 4 )
t = 6,00,000 / 1,00,000
So ;
t = 6 years
Amount = ?
Amount ( A ) = P ( 1 + r t )
A = 25,000 ( 1 + 4 × 6 )
A = 25,000 × 25
Hence ;
Amount ( A ) = 6,25,000
Answered by
0
Answer:
the rate of interest will will be 2
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