Question

Principle 8000
Rate of interest 5%
Interest 800
What will be Time and Amount.

Answer 1

Answer:

Simple Interest = (Principal X Rate X Time)/100

800 = (8000 X 5 X t)/100

800 = 80 X 5 X t

t = 800/400 = 2 years so Time is 2 years

Amount = Principal + Simple Interest

Amount = 8000 + 800 = 8800

Step-by-step explanation:

Answer 2

P=rs.8000 R=5% I=800

we know,I=PRT/100

=>800=8000×5×t/100

t=800×100/8000×5

t=2 years

A=P+I=8000+800=rs.8800