7. At what per cent per annum simple interest Rs. 650 (18
will amount to Rs. 741 in 3 years and 6 months ?
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Answer:
answer is 4%this is your answer so pls mark as brainlist
Step-by-step explanation:
The rate of interest is 4%.
Step-by-step explanation:
Principal = Rs. 650
Amount = Rs. 741
Time = years and 6 months = 3.5 years
Using the given information we get
Interest= Amount-Principal=741-650=91Interest=Amount−Principal=741−650=91
Formula of simple interest:
I=\dfrac{P\times r\times t}{100}I=
100
P×r×t
where, P is principal, r is rate of interest, t is time in years.
91=\dfrac{650\times r\times 3.5}{100}91=
100
650×r×3.5
91=\dfrac{2275r}{100}91=
100
2275r
91=22.75r91=22.75r
Divide both sides by 22.75.
\dfrac{91}{22.75}=r
22.75
91
=r
4=r4=r
Therefore, the rate of interest is 4%.
#Learn more
Find the simple interest for
P= 3000
R= 12%
T= 3 years
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