Shankar invest 200000.it is increased to 250000 at the time of maturity of the investment. What is the persentage he received as interest on

Question

Shankar invest 200000.it is increased to 250000 at the time of maturity of the investment. What is the persentage he received as interest on investment? ​

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Savannah 3 weeks 2021-11-15T04:50:46+00:00 1 Answer 0 views 0

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    2021-11-15T04:52:02+00:00

    Step-by-step explanation:

    Principal = Rs 200000

    Amount = Rs 250000

    Interest = Amount- Principal

    = Rs (250000-200000)

    = Rs 50000

    Percentage he received as interest on investment

    = ( I/P×100)%

    = (50000/200000×100)%

    = 25%

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