Question

The simple interest on sum of money at 5% is Rs 48 for 4 year then, the simple interest on Same sum for 5 year at4% is

Answer 1

sice the multiplicants.....that is PRINCIPLE....RATE ....TIME are same in bothe the cases......si for 2nd year will be rs 48 only

Answer 2

Simple interest is Rs.48/-

Step-by-step explanation:

given,

i. Rate, r = 5 %

SI = 48

Time, t = 4 year

Principal, p = ?

We know that,

SI = $\frac{p\times r\times t}{100}$

p = $\frac{100\times SI}{r\times t}$

p = $\frac{100\times 48}{5\times 4}$

p = 240

Principal is Rs.240/-

ii. p = 240

rate = 4 %

time, t = 5

SI = $\frac{p\times r\times t}{100}$

= $\frac{240\times 4\times 5}{100}$

SI = 48

Simple interest is Rs.48/-