at what rate percent p. a, ₹ 728 produce ₹113.75 as simple interest in 2.5 yrs
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Answered by
5
according to que si is given and is also with time
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oscardias97:
thank you
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13
Hi.
Here is your answer---
_____________________
Given---
Simple Interest(S.I.) = Rs. 113.75
Principal(P) = Rs. 728
Time(t) = 2.5 years.
For Rate of Interest,
Using the Formula,
S.I. = (P × R × T) ÷ 100
113.75 = (728 × R × 2.5) ÷ 100
728 × R × 2.5 = 113.75 × 100
Thus, R = 6.25%
Thus, Rate of Interest is 6.25%.
____________________
Hope it helps.
Have a nice day.
Here is your answer---
_____________________
Given---
Simple Interest(S.I.) = Rs. 113.75
Principal(P) = Rs. 728
Time(t) = 2.5 years.
For Rate of Interest,
Using the Formula,
S.I. = (P × R × T) ÷ 100
113.75 = (728 × R × 2.5) ÷ 100
728 × R × 2.5 = 113.75 × 100
Thus, R = 6.25%
Thus, Rate of Interest is 6.25%.
____________________
Hope it helps.
Have a nice day.
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