At what rate will interest on Rs 300 be Rs 120 for 5 years

1.	At what rate will interest on Rs 300 be Rs 120 for 5 years
Answer» <html><body><p><strong><a href="https://interviewquestions.tuteehub.com/tag/answer-15557" style="font-weight:bold;" target="_blank" title="Click to know more about ANSWER">ANSWER</a>:</strong></p><p></p><p><strong>Step-by-step <a href="https://interviewquestions.tuteehub.com/tag/explanation-455162" style="font-weight:bold;" target="_blank" title="Click to know more about EXPLANATION">EXPLANATION</a>:</strong></p><p>⇒ S.I. for 2 <a href="https://interviewquestions.tuteehub.com/tag/years-1464846" style="font-weight:bold;" target="_blank" title="Click to know more about YEARS">YEARS</a> = Rs. 720.</p><p></p><p>⇒ S.I. for 7 years = Rs. 1020</p><p></p><p>∴ S.I. for 5 years = Rs. 1020− Rs. 720= Rs. 300.</p><p></p><p>⇒ S.I. for 2 years = </p><p></p><p>5</p><p></p><p>300</p><p></p><p> </p><p></p><p>×2=Rs.120</p><p></p><p>⇒ Principal=720−120=Rs.600</p><p></p><p>∴ The <a href="https://interviewquestions.tuteehub.com/tag/sum-1234400" style="font-weight:bold;" target="_blank" title="Click to know more about SUM">SUM</a> is Rs.600.</p><p></p><p>Step-by-step explanation:</p><p></p><p><a href="https://interviewquestions.tuteehub.com/tag/pls-591756" style="font-weight:bold;" target="_blank" title="Click to know more about PLS">PLS</a> mark as brainliest and follow :)</p></body></html>

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