2.
Amount
Time
₹870
E
658
* 540
TO
4 years
896
A man borrowed * 300. After 3 years he paid 372 to clear his debt. Find the rate of intere
Find the rate of interest when :
Principal
(a)
5 years
600
(b)
* 560
3 years
(c)
450
(d)
800
3 years
* 750
(e)
600
6 years
3.
for the sum borrowed.
4.
Arun borrowed 74000 from a bank on July 16. He paid his loan on December 9 in the sam
year. If he had to pay 4144 to clear his loan find the rate of interest charged by the bank
To Calculate Time and Principal
Interest x 100
Remember: 1. Time =
Principal ~ Rate
2. Principal
Interest x 100
Rate x Time
Example 1 Find the time principal = *750, Interest = * 150 and Rate % = 5.
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