Question

What sum of money lent out at 8% simple interest would produce Rs. 8000 interest in 2 years

Answer 1

Answer:

$si = p \times r \times t \div 100 \\ si = 8000 \times 8 \times 2 \div 100 \\ si = 64000 \times 2 \div 100 \\ si = 128000 \div 100 \\ si = 1280 \\so \: the \: intrest \: on \\ \: rs8000 \: on \\ \: 8\%rat \: is \: 1280 \: on \: 2 \: year \\ hope \: it \: will \: help \: u$

Hope it will help u

Answer 2

Principal =8000
Rate=8%
Time=2years
S.I=P*R*T/100
=8000*8*2/100
=1280


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