The interest on Rs 4050 in 5 years is RS 2025. What will be the interest on Rs5000 in 8 years at the same rate of interest?
Answers
Answered by
6
Answer:
40000 in 8 years at the same rate of interests
Answered by
0
Step-by-step explanation:
Here,
Principal (P) = 4050
Time(T) = 5 years
Interest(I) = 2025
Rate(R) = ?
We know that,
Rate(R)=I*100\TP
=2025*100/5*2025
=202500/20250
= 10%
Again,
Principal = 5000
Time = 8 years
Rate = 10%
lnterest = ?
Now
Interest = PTR/100
= 5000*8*10/100
= Rs.4000 Ans
Similar questions
India Languages,
3 hours ago
Geography,
3 hours ago
Physics,
6 hours ago
Computer Science,
8 months ago
Science,
8 months ago
Biology,
8 months ago