Question

the interest on Rs 4050 in five years is Rs 2050 what will be interest on Rs 5000 in 8 years at the same rate of interest​

Answer 1

Step-by-step explanation:

for first principle = Rs. 4050 Time =5yrs, interest =Rs. 2050 R%= ?

By the formula, R=?\\

`For the first,\\P =RS 4050, I=RS2050, R=?\\\\R= \frac{I*100} {P*T}\\ = (2050*100)/(4050*5) \\=(205000)/(20250) \\=10%\\Again, for 2nd \\ P= Rs 5000, T= 8yrs, R= 10% Same as First ,I=?\\\\I=(P*T*R)/(100) \\=(5000*8*10)/(100) \\=RS=4000.`