AT WHAT RATE OF SIMPLE INTEREST WILL RS 350 AMOUNT TO RS 455 IN 6 YEARS
Principal=Rs 350
Amount= Rs 455
Interest= A-P
=455-350
=Rs 105
Time=6 yrs
Rate of interest= Interest * 100/Principal*Time
=105 * 100/ 350*6
=10500/ 2100
=5%
AT WHAT RATE OF SIMPLE INTEREST WILL RS 350 AMOUNT TO RS 455 IN 6 YEARS
Principal=Rs 350
Amount= Rs 455
Interest= A-P
=455-350
=Rs 105
Time=6 yrs
Rate of interest= Interest * 100/Principal*Time
=105 * 100/ 350*6
=10500/ 2100
=5%