Question

. What will be the Simple interest of

Rs 5,000 at the rate of 8% in 2

years?​

Answer 1

Answer:

Step-by-step explanation:

Amount= 5800

Principal= 5000

SI= 5800 - 5000

Si= 800

Si = p.r.t/100

800 = 5000.r.2/100

80000/5000 = 2r

2r = 16

R = 16/2

R = 8%

Answer 2

Answer:

Amount= 5800

Principal= 5000

SI= 5800 - 5000

Si= 800

Si = p.r.t/100

800 = 5000.r.2/100

80000/5000 = 2r

2r = 16

R = 16/2

R = 8%

Hence rate is 8%

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