What is the intrest received on a principle of rs. 450 for 2 years of the intrest received on rs. 1 after four year at the same rate of simple interest is rs 0.40? Full solution?
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Solution:-
Interest on Rs 1 in 4 years = Rs 0.4
Interest on ₹100 in 4 year = 40₹
Interest on ₹100 in 1 year = 10₹
Interest = Principal × Time × Rate / 100
=> 450× 2× 10 \ 100
=> 9000 / 100
=> ₹90
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@GauravSaxena01
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