Question #8
In how many years would a principal of Rs. 500 give R50as a simple interest at a rate of 5%

December 25, 2021

By Maya

1 thought on “Question #8<br />In how many years would a principal of Rs. 500 give R50as a simple interest at a rate of 5%<br /><br /><br /><br”

1. Answer:

   500 x 5/100 x T = 50

   25 x T = 50

   T = 50/25 = 2 years

   Step-by-step explanation:

   Verification

   500 x 5/100 x 2 = 50

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