Sarvesh borrowed Rs.5000 from Arun with simple interest. After 2 years, Arun got Rs.1000 more than what he had given to Sarvesh. What was the percentage of interest per annum? *
Answers
Answered by
2
Answer:
10%
Step-by-step Explanation:
Interest would be the extra amount
S.I = principal x rate x time
100
⇒ rate = 1000 x 100
5000 x 2
⇒ 10%
∴ The percentage of interest per annum is 10%.
Hope it helps..!!
plz mark as brainliest...✌
Similar questions