Math, asked by pranitnexus8284, 9 months ago

A farmer take a loan of rupees 8400 at the simple interest at the rate of 7 whole 1 by 2% per annum at what time will he pay the Rs 10920 to clear the debt

Answers

Answered by rawatmayank999
37

Answer:

The answer is after 4 years.

Calculation:-

The difference between both the amount will be interest.

so, 10920–8400 = 2520 (interest)

Formula for the simple interest is:-

Simple Interest = Principal * Rate * Time

PUT THE VALUE IN THE FORMULA.

2520= 8400 * 7.5/100 * Time

2520*100=63000 * Time

Time = 4 Years.

Step-by-step explanation:

Answered by abhirajaanand437
19

Answer;

The answer is after 4 years.

Calculation:-

The difference between both the amount will be interest.

so, 10920–8400 = 2520 (interest)

Formula for the simple interest is:-

Simple Interest = Principal * Rate * Time

PUT THE VALUE IN THE FORMULA.

2520= 8400 * 7.5/100 * Time

2520*100=63000 * Time

Time = 4 Years.

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