Question

At what rate per annum will the simple interest on Rs. 5650 be Rs. 4695 in 2
years 6 months

Answer 1

Answer:

right go go go to to sorry but it will not I can I am

Answer 2

Given:

Principle = Rs. 5650

Simple interest = Rs. 4695

Time =  2  years 6 months

To find :

The rate of interest.

Formula to be used:

Simple Interest, S.I = $\frac{PRT}{100}$

Solution:

We can find the rate of interest by using the following formula,

S.I = $\frac{PRT}{100}$

Let, S.I = Rs. 4695

P = Rs. 5650

T = 2  years 6 months

Therefore, 2 + $\frac{1}{2}$

T = $\frac{5}{2}$

4695 = $\frac{5650 (R) (\frac{5}{2} )}{100}$

4695 = $\frac{565 ( R ) (5)}{10(2)}$

4695 = $\frac{565}{4}$ × R

4695 × 4 = 565 × R

R = $\frac{18780}{565}$

R = 33.24 %

Final answer:

The rate of interest is 33.24 %