Question

Rajesh borrowed rupees 5000 from a bank he will have to pay rupees 10000 after 5 years find the rate of interest if the interest is payable half-yearly

Answer 1

Principal = Rs 5000

Amount = Rs 10000

Simple Interest = Amount - Principal = Rs(10000 - 5000)= Rs 5000

Time = 5 Years

∵ Rate = 100×S.I / P×T

= 100×500 / 5000×5

= 20%

As it is gives Half Yearly Payable so, Int will be

20/2 = 10% (Ans)

Hope it will help u

Mqrk me as brainiliest

Answer 2

Answer:20 pcpa

Step-by-step explanation: