Question

A sum of ruees 20,000 yielded an intrest of rupees 1200 in year . how much intrest will a sum of rupees 35,000 yield in the year at the same year at the same rate of interest


show the solution plz ​

Answer 1

$\huge\mathfrak\red{Answer}$

Let the rate of interest  be x %

And we know S.I.=PRT/100

Then according to the question,

=20000×x×1/100 = 1200

x=6%

Now Rate of interest =6%,

Sum=Rs.35000

Time =1year

Therefore S.I.=PRT/100

=35000×6×1/100 =Rs.2100

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