Question

5. At what rate per cent will the interest on Rs 2520 add up to Rs 84 in 8 months step by step​

Answer 1

Principal, P = Rs. 2520

Principal, P = Rs. 2520Interest, I = Rs. 84

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 years

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100}

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100P∗R∗t

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100P∗R∗t

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100P∗R∗t

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100P∗R∗t Putting the given values we get

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100P∗R∗t Putting the given values we getR = \frac{84 * 100}{2520 * \frac{2}{3} }

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100P∗R∗t Putting the given values we getR = \frac{84 * 100}{2520 * \frac{2}{3} } 2520∗

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100P∗R∗t Putting the given values we getR = \frac{84 * 100}{2520 * \frac{2}{3} } 2520∗ 3

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100P∗R∗t Putting the given values we getR = \frac{84 * 100}{2520 * \frac{2}{3} } 2520∗ 32

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100P∗R∗t Putting the given values we getR = \frac{84 * 100}{2520 * \frac{2}{3} } 2520∗ 32

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100P∗R∗t Putting the given values we getR = \frac{84 * 100}{2520 * \frac{2}{3} } 2520∗ 32

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100P∗R∗t Putting the given values we getR = \frac{84 * 100}{2520 * \frac{2}{3} } 2520∗ 32 84∗100

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100P∗R∗t Putting the given values we getR = \frac{84 * 100}{2520 * \frac{2}{3} } 2520∗ 32 84∗100

Principal, P = Rs. 2520Interest, I = Rs. 84Time, t = 8 months = 8/12 years = 2/3 yearsTo find: Rate of interest, R%The formula for calculating Simple Interest is given by I = \frac{P * R * t}{100} 100P∗R∗t Putting the given values we getR = \frac{84 * 100}{2520 * \frac{2}{3} } 2520∗ 32 84∗100 = 5%

Ans: 5%

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