In what time will Rs 100 become Rs 200 at 10% rate of interest per ann – InterviewSolution

1.

In what time will Rs 100 become Rs 200 at 10% rate of interest per annum?

Answer»

Step-by-step explanation:

Example 1: If RS. 4000 is invested at 8% p.a. simple interest for 5 YEARS, find the interest.

Sol: simple interest FORMULA: 4000 × 8 × 5/100 = Rs. 1600

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