2.
At what rate of simple interest will Rs. 800 amount to Rs. 836 in 9
months.
Answers
Answered by
8
SI = AMOUNT - PRINCIPAL
= 836-800
= Rs 36
Time = 9/12 months = 3/4 years
Rate = (SI × 100)/(PRINCIPAL × TIME)
= (36×100×4)/(800×3)
= 6%
Answered by
5
Answer:
6%
Step-by-step explanation:
Given:
Principle=Rs.800
Amount=Rs. 836
Simple interest=Amount- Principle
=836-800
=Rs. 36
We know that ,
Simple interest=PTR/100
36=800×9/12×R/100
36=72/12×R
R=36/6
R=6%
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