Question

at what rate of simple inyerest will ₹5791 amount to ₹7817.85 in 5 years?

Answer 1

HEY THERE!!

Question;

at what rate of simple inyerest will ₹5791 amount to ₹7817.85 in 5 years?

Method of Solution;-


To find = R?


Given ;

Amount = 7817.85

Principal = 5791

•°• SI = 7817.85-5791

SI = 2026.85

Now, Using Formula of Simple Interest!

SI = P× R× T/100

2026.85 = 5791× R × 5/100

202685 = 28995 × R

•°• R = 202685/28995

R = 6.99


Approximately = 7%

Hence, 7% of rate of simple inyerest will ₹5791 amount to ₹7817.85 in 5 years?

Answer 2

SI = P× R× T/100

2026.85 = 5791× R × 5/100

202685 = 28995 × R

•°• R = 202685/28995

R = 6.99