In how many years will Rs. 2500 get an interest of Rs. 500 at 4% p.a. simple interest? Tell me correct

August 2023 1 4 Report

In how many years will Rs. 2500 get an interest of Rs. 500 at 4% p.a. simple interest?
Tell me correct ans and I'll mark u the brainiest!

Principle, p = ₹2500

Rate, r = 4%

Simple Interest, S.I. = ₹500

Time = t

S.I. = p*r*t / 100

or, t = S.I.*100 / p*r

or, t = 500 * 100 / 2500 * 4

or, t = 50000 / 10000

or, t = 5 years