the simple interest on rupees 5000 for 6 months off at 4% per annum
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Answered by
3
Simple interest =\frac{P*R*T}{100}100P∗R∗T
R =SI×100P×T
Where P → Principal
R → Rate per annum
T → Duration in years
P = 5000
SI = 200
T =\frac1221
R =\frac{200*100}{5000*\frac{1}{2}}5000∗21200∗100
=\frac{20000*2}{5000}=500020000∗2
=\frac{40000}{5000}500040000
=8
Rate of interest is 8%
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Answered by
8
Answer:
(principal x rate x time )/100
so (5000 x 1/2 in yrs x 4)/100
ans Is 100
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