for how many years simple interest will be 200 rupees for the principle of 500 rupees at the rate of 10% per annum
Share
for how many years simple interest will be 200 rupees for the principle of 500 rupees at the rate of 10% per annum
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
In 4 years simple interest will be Rs. 200 for the Principle of Rs. 500 at the rate of 10% per annum.
Step-by-step explanation:
Given that,
Simple Interest(S.I.) = Rs. 200
Principle(P) = Rs. 500
Rate of Interest(R) = 10%
Time(t) = ?
Since, we know that,