Question

The simple interest of ₹500 at the rate of 5% is ₹100.This interest is of the time ​

Answer 1

Answer:

4 years

Step-by-step explanation:

100=

$\frac{ptr}{100}$

100=5×5×t

100=25×t

100/25=t

4=t

time is 4 years

Answer 2

Answer:

Time = 4 years

Step-by-step explanation:

Simple Interest = Rupees 100

Principal = Rupees 500

Rate% = 5%

Time = Simple Interest × 100 / Principal × Rate%

= 100 × 100 / 500 × 5

= 100 / 5 × 5

= 4 yrs