Question

Ajay deposit 35000 in company in 4 year received 45500 in total what was the simple interest per annum

Answer 1

hello Surjeet

Given as

Principal Amount = 35000
Amount = 45500
Time = 4 yrs

As we know that

Amount = Principal + Interest
45500 = 35000 + Interest

Interest = 45500 - 35000

= 10500

We also know that

SIMPLE INTEREST = Principal × Rate/100 × Time

10500 = 35000 × R/100 × 4

10500 = 140,000 × R/100
10500/140000 = R/100
0.075 × 100 = R

7.5 % = R

Hence the principal amount 35000 will become 45500 in 4 yrs @ 7.5% P.a.

hope it helps
#jerri

Answer 2

Answer:

HELLO SURJEET THE ANSWER IS 7.5℅PER ANNUM

Step-by-step explanation:

Given as

Principal Amount = 35000

Amount = 45500

Time = 4 yrs

As we know that

Amount = Principal + Interest

45500 = 35000 + Interest

Interest = 45500 - 35000

= 10500

We also know that

SIMPLE INTEREST = Principal × Rate/100 × Time

10500 = 35000 × R/100 × 4

10500 = 140,000 × R/100

10500/140000 = R/100

0.075 × 100 = R

7.5 % = R

Hence the principal amount 35000 will become 45500 in 4 yrs @ 7.5% P.a.

hope it helps