1. At what rate per cent per annum will 400 yield an interest of 78 in 1 year
2. In what time will 400 amount to 512 if the simple interest is calculated at 14% p.a.?
3. Rajesh borrowed 2000 from Sam at 8% per annum. After 6 years he cleared the amount by giving
cash and a watch. Find the cost of the watch.
Answers
Answered by
1
Answer:
1. 19.5%
2. 2 year
explanation..
1. si=p*r*t/100
78=400*r*1/100
=78/4
=19.5%
2.intrest is 112 rs
si=p*r*t/100
112=400*14*t/100
112=56t
t=2years
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