Question

principal : 4000
Ammount :5000
Time : 5 year
Rate: ?​

Answer 1

Step-by-step explanation:

Here amount = 5000

Principal = 4000

Time=5 years

so intrest= Amount-principal

= 5000-4000

= 1000.

We know

SI= PRT/100

On putting value

1000= 4000×R× 5/100

1000×100/4000×5= R

10000/ 20000= R

1/2= R

0.5 %= R

so the rate is 0.5%