2. Find the time after which 500 will earn simple interest 82.50 at 11% per annum.
3. At what rate of simple interest 4500 will become 5040 after 2 years?
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Answer:
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Step-by-step explanation:
GIVEN:
.Simple Interest=RS .82.50
.Principal(p)=RS.500
.Rate Precent(R)=11%
TO FIND:
.Time(T)
ANSWER:
Time(T)=82.5/55
CALCULATIONS :
Simple Interest =Principal ×Rate/100
S.I =500×11×T/100
S.I=55×T
82.50=55×T
Time(T)=82.5/55
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