Rate of interest for the interest rs.100 on the sum Rs.800 in 5/2 years.
Answers
Answered by
1
Sum =₹800
Time=5/2 years
Let rate=x%
SI=₹100
Then as we know
SI=principal×rate×time/100
800×x×5/2×100=100
4000x/200=100
X=100×200/4000
=5 %
Rate=5%
Time=5/2 years
Let rate=x%
SI=₹100
Then as we know
SI=principal×rate×time/100
800×x×5/2×100=100
4000x/200=100
X=100×200/4000
=5 %
Rate=5%
Similar questions