10] i) Convert each part of the ratio 2:3:5 into percentage,
i) If Ajay pays an interest of Rs 750 for 2 years on a sum of Rs 4500, find the rate of
interest.
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Step-by-step explanation:
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Step-by-step explanation:
(i)2:3:5
Total part=2+3+5=10
Therefore fractional part 2/10:3/10:5/10
Percentage of parts=2/10×100:3/10×100:5/10
Percentage of parts=20%:30%:50%
(ii)Given interest pays by Ajay=750 rupees
Time=2 years
Principal=4500 rupees
Then we know interest=Principal×time/100
Then rate=100×750/2×4500
=8.33%
I hope it helps you
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