Question

What sum of money will have to be invested and for how many years in order to get simple interest of Rs 10,000 at the rate of 10 p.c.p.a.? (Write three pairs of values for P and N.)

Answer 1

Answer:

P                                        N

100000                              1

50000                               2

20000                               5

10000                                10

Step-by-step explanation:

Simple interest = P & R * N /100

Simple interset = 10000

P =  Principle?

R = 10 %

N = Number of Years = ?

=> 10000 = P * 10 * N /100

=> PN = 100000

P                                        N

100000                              1

50000                               2

20000                               5

10000                                10