Business Studies, asked by khanashabAshab5058, 1 year ago

The difference of simple intrest of rs 1200 for 3 years and that rs 800 for 4 yrs at same rate is 20 rs the rate % per annum is

Answers

Answered by meghana1101
1

first time

p=1200

r=20

t=3years

S. I. = PRT/100

=1200*20*3/100

=12*20*3

=720

amount =principal +interest

=1200+720

=1920

second time

p=800

r=20

t,=4years

S. I=PRT/100

=800*20*4/100

=8*20*4

=640

amount =principal +interest

=800+640

=1440

S. I=1920-1440

=480

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