How much time it will take for an amount of Rs.4000 to yield RS.450 as interest at 5% per annum of simple interest?2.25years3years2years3.5years
Question
Solution 1
To calculate the time it will take for an amount to yield a certain interest using simple interest, you can use the formula:
Time = (Interest / (Principal * Rate of Interest))
Here, the Principal is Rs. 4000, the Interest is Rs. 450, and the Rate of Interest is 5% per annum or 0.05 (when expressed Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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