Question

Tariq borrows rs 25,000 from a bank on simple interest. if the rate of interest is 10% per annum , in how much time will the amount become rs 30,000​

Answer 1

Answer:

2 years

Step-by-step explanation:

simple intrest = 30000-25000= 5000

so now by formula

S.I= prt/100

5000=25000*10*t/100

t= 5000*100/25000*10

t= 2