kelinathapa5
Answered

Welcome to Westonci.ca, the Q&A platform where your questions are met with detailed answers from experienced experts. Discover detailed solutions to your questions from a wide network of experts on our comprehensive Q&A platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

In what rate of interest Rs 4000 amount to Rs 6000 in 2year​

Sagot :

AmiAblePshYcO

Principal = Rs 4000

Amount = Rs 6000

Time = 2 years

Rate = ?

Amount = principal + simple interest

Rs 6000 = Rs 4000 + simple interest

simple interest = Rs 6000 - Rs 4000 = Rs 2000

Simple interest = P*R*T/100

Rs 2000 = Rs 4000* R*2/100

R = 100/4 = 25%

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.