Question

11. Principal = 3560, amount = 4521.20 and time 3 years.

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Answer 1

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$\large \underline \blue{ᴀɴsᴡᴇʀ}$

ɢɪᴠᴇɴ : - Pʀɪᴄɪᴘᴀʟ = ₹ 3560, ᴀᴍᴏᴜɴᴛ = ₹ 4521.20,

ᴛɪᴍᴇ = 3 years.

ᴡᴇ ᴋɴᴏᴡ ᴛʜᴀᴛ ,

Sɪᴍᴘᴀʟ ɪɴᴛᴇʀᴇꜱᴛ = A – P

⇨4521.20 – 3560

⇨ ₹ 961.2

ʀᴀᴛᴇ = (100 × SI) / (P × T)

⇨ (100 × 961.20)/ (3560 × 3)

⇨(100 × 96120) / (8250 × 3 ×100)

⇨ (32040 /3560)

⇨ 9% p.a

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