Question

1.... if ₹160 amounts to ₹168 in 8 months, find to what it will amount in 1 year at the same rate of interest
2.... If the rate of interest is reduced from 5% p.a.
to 3whole1/2 p.a. find the decrease in a half-year's interest on ₹ 540
3.... At what rate wil ₹100 double itself in 7 years at simple interest?


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Answer 1

Step-by-step explanation:

₹160 amounts to ₹168 in 8 months, find to what it will amount in 1 year at the same rate of interest

2.... If the rate of interest is reduced from 5% p.a.

to 3whole1/2 p.a. find the decrease in a half-year's interest on ₹ 540

3.... At what rate wil ₹100 double itself in 7 years at simple interest?

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Answer 2

Answer:

1.172

2.??

3.37.5%

Hope this helps