10. What sum of money will amount to 7540 in 2 years at 8% pa, simple interest? please solve this question I will make them brainlest answer is 6500
Answers
Answered by
0
Answer:
A example
Step-by-step explanation:
sum of money at simple interest amounts Rs. 2,800 in 2 years and Rs.3.250 in 5 years
∴ Interst paid in 3 years =3250−2800=450 Rupees
Annual Interest =450÷3=150 Rupees
Sum lent at the begining =2800−150×2=2500 Rupees
Rate of simple Interest =(150/2500)×100=6 percent
Similar questions