Question

56. What sum of money lent out at 9% for 3 years will produce Rs 81 simple interest?
57. What sum of money will amount to Rs 900 in 4 years at 5%?
58. A money lender lends money, collecting 5 paise per rupee per month. Find the rate of interest per annum per cent?
59. A sum of Rs 200 is deposited in the post office at the rate of 5 1/2 % simple interest per annum. What will be the total amount after 2 years?
60. Find the simple interest on Rs 1500 for 219 days at 6% per years?​

Answer 1

Step-by-step explanation:

SI=Rs. 810; R= 9%; T = 6 years,

P=?

We have

I=

100

PTR

P=

TR

100×I

=

6×9

100×810

=Rs.1500

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