What will be the rate % p.a. if the interest on Rs 5000 is Rs 4800 for 8 years?
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Si=principal-amount
=5000-4800
=200
Si =PTR/100
200=(5000*8*R)/100
20000=40000*R
R=20000/40000
R=1/2=0.5 %
=5000-4800
=200
Si =PTR/100
200=(5000*8*R)/100
20000=40000*R
R=20000/40000
R=1/2=0.5 %
chaitalinandi9830:
answer is 12 percent
No dear check again
Oh sorry my mistake
4800 was the interest itself
Umm u r right
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