Math, asked by piyush188, 1 year ago

at what rate % per annum will simple interest on rupees 6950 be rupees 347.50 in five months

Answers

Answered by Raggbrotger1
28
P = Rs. 6950
Si = Rs. 347.50
T = 5 months = 5/12
R = ?

R = Si × 100/P × T
= Rs.6950×100×12/Rs.347.50×5/12
= 1900/417
= 4.5%

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