How long does it take for principal of rupee 25000 at a simple interes – InterviewSolution

1.	How long does it take for principal of rupee 25000 at a simple interest rate of 5 percent to become rupee 30000
Answer» 4 years Step-by-step EXPLANATION:method = SI = /Interest =Amount -PrincipleI=30,000-25,000=5,000Rs now 5,000=25,000x5xT/100(we CANCELLED the ZEROS)5000=250x5xT/15000=1250TT=5000/1250==4years

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