Question

principal = 8000 , Rate = 5 , Time = ........ , interest = 800 , Amount = ....... what is the time and amount

Answer 1

T for the investment is 2 years and amount, A is ₹ 8800.

Step-by-step explanation:

The values given are:

• Principal, P = ₹ 8000
• Rate, R = 5%
• Interest, I = ₹ 800

To find: Time and Amount

Using the formula for Simple Interest

$I =\frac{PRT}{100}$

$T =\frac{I\times100}{PR}$

$T =\frac{800\times100}{8000\times5}$ = 2 years

Thus, the time period, T for the investment is 2 years.

For finding amount, we can add interest with principal

A = P + I = ₹ 8000 + ₹ 800 = ₹ 8800