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Is the simple interest on 2000 for 2 years is 320 then what is the interest rate?
Wiki User
∙ 7y ago
It is 8%
Wiki User
∙ 7y ago
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At what rate of simple interest will the interest on Rs 925 be two-fifth of it in 8 years?
At what rate of simple interest will the interest on Rs.925 be two-fifth of it in 8 years?
What is the rate of interest if a sum of money doubles itself in 10 years at simple interest?
A simple interest rate of 10 per cent per year will double a sum of money in ten years.
How many years would it take for 1000 to become 2000 with an interest rate of 7.2?
about how many years would it take for $1000 to become $2000 with an interest rate of 7.2
What rate of simple interest is needed for 1000 to double in 3 years?
331/3 percent simple interest will double any amount in 3 years.
What is interest of rs 200000 at the rate of 11.5 percent per annum for 3 years?
Assuming simple interest, you multiply the capital times the interest rate times the number of years.
If the simple interest on 2000 for 3 years is 540 then what is the interest rate?
The interest rate would end up being 9% after you do all the calculations.
At what rate of simple interest will the interest on Rs 925 be two-fifth of it in 8 years?
At what rate of simple interest will the interest on Rs.925 be two-fifth of it in 8 years?
How much interest if you borrow 2000 at a rate of 6 percent for 2 years?
if its simple interest: I = prt = 240 the total money to be returned is 2240
You borrow 2000 from a friend and promise to pay back 3000 in two years. What simple interest rate will you pay?
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What is the Formula for simple interest rate?
The answer for rate in simple interest is =rate= simple interest\principle*time
What is the rate of interest if a sum of money doubles itself in 10 years at simple interest?
A simple interest rate of 10 per cent per year will double a sum of money in ten years.
How many years would it take for 1000 to become 2000 with an interest rate of 7.2?
about how many years would it take for $1000 to become $2000 with an interest rate of 7.2
How do you write out a simple interest question?
Simple interest = money invested x rate/100 x number of years
What rate of simple interest is needed for 1000 to double in 3 years?
331/3 percent simple interest will double any amount in 3 years.
What is interest of rs 200000 at the rate of 11.5 percent per annum for 3 years?
Assuming simple interest, you multiply the capital times the interest rate times the number of years.
How the simple interest found in investment?
Multiply the principal (P) by the annual* interest rate as a decimal (r) and the time in years* (t). *The time period may be expressed in months, etc. For example, $2000 invested at 7% simple interest for 5 years: I = Prt = 2000x0.07x5 = 140x5 = $700.
What is the Simple Interest Formula?
I = prt where I = interest, p = principal, r = rate. and t = time in years.
