16. What sum of money lent out at 10per cent p.a. simple interest would produce ₹ 8500
as interest in 2 years?
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Answered by
83
•What sum of money lent out at 10percent p.a. simple interest would produce ₹ 8500
as interest in 2 years?
Here,
Hence, the sum of money lent is ₹170,000
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Answered by
0
Answer:
\sf \red to \: \red find :tofind:
•What sum of money lent out at 10percent p.a. simple interest would produce ₹ 8500
as interest in 2 years?
\sf \color{blue}{Answer: }Answer:
Here,
\red I =₹ 8500I=₹8500
\sf \: T=2 \: yearsT=2years
\R=10%R=10
\sf∴l= \frac{P×R×T}{100}∴l=
100
P×R×T
\tt \red P= \frac{1 \times 100}{R×T} = \frac{8500 \times 100}{10 \times 2}P=
R×T
1×100
=
10×2
8500×100
\sf{P}= ₹170000P=₹170000
Hence, the sum of money lent is ₹170,000
______________________________________
please drop-some-thanks
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