answer the question no 10
Attachments:
Answers
Answered by
3
mark it as brainliest
Attachments:
Answered by
1
====================================
A sum of money lent at 8% p.a. simple interest for 5 years yields a certain amount of interest. Had it been lent for 7 years, it would have yielded Rs. 960 more. Find the sum.
Let the Principal amount/sum (P) be 'x'.
Then, we consider two cases.
Principal (P) = x
Rate of interest (R) = 8% p.a.
Time (T) = 5 years
So, simple interest (S.I.)
= (P × R × T)/100
= (x × 8 × 5)/100
= 40x/100.
_______________________
P = x
R = 8% p.a.
T = 7 years.
So, S.I.
= (P × R × T)/100
= (x × 8 × 7)/100
= 56x/100.
______________________
Now, according to question,
S.I. for 5 years < S.I. for 7 years by 960.
So, if 960 is added to S.I. for 5 years, it will be equal to S.I. for 7 years.
=> 40x/100 + 960 = 56x/100
=> 960 = 56x/100 - 40x/100
=> 960 = (56x-40x)/100
=> 960 = 16x/100
=> 960 × 100/16 = x
=> 96000/16 = x
=> 6000 = x
=> x = 6000
====================================
Thank you .. ;-)
Similar questions