A sum of money becomes rupees 30000 in 2 years and rupees 3250 in 3 years. Find the principal and the rate of interest?
Plzz answer
Answers
Answered by
13
Answer:
10%
Step-by-step explanation:
difference between 3rd year and 2nd year interest is = 3250-3000= 250
250 is 1 year interest. then 2 year interest is 500.
3000-500 = 2500 is principle
si= pRT/100
now 250= 2500x1xR/100
then 25R= 250
R= 10% answer
Answered by
0
Answer:
Correct option is
A
Rs. 2500 and 6%
A sum of money at simple interest amounts Rs. 2,800 in 2 years and Rs.3.250 in 5 years
∴ Interst paid in 3 years =3250−2800=450 Rupees
Annual Interest =450÷3=150 Rupees
Sum lent at the begining =2800−150×2=2500 Rupees
Rate of simple Interest =(150/2500)×100=6 percent
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