At what rate percent per annum the s.i on rs 12500 in 4/3/4 years is rs 2375.
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Hi ,
It is given that ,
Principal ( P ) = Rs 12500 ,
Time ( T ) = 4 3/4 = 19/4 years
Simple interest ( I ) = Rs 2375
Let the rate of interest = R
***********************************
We know that ,
S.I = ( PTR )/100
or
R = ( 100 × I )/PT
***************************************
R = ( 100 × 2375 )/( 12500 × 19/4 )
R = ( 100 × 2375 × 4 )/( 12500 × 19 )
R = ( 2375 × 4 )/( 125 × 19 )
R = ( 19 × 4 )/19
R = 4
Therefore ,
Required rate of interest = R = 4%
I hope this helps you.
: )
It is given that ,
Principal ( P ) = Rs 12500 ,
Time ( T ) = 4 3/4 = 19/4 years
Simple interest ( I ) = Rs 2375
Let the rate of interest = R
***********************************
We know that ,
S.I = ( PTR )/100
or
R = ( 100 × I )/PT
***************************************
R = ( 100 × 2375 )/( 12500 × 19/4 )
R = ( 100 × 2375 × 4 )/( 12500 × 19 )
R = ( 2375 × 4 )/( 125 × 19 )
R = ( 19 × 4 )/19
R = 4
Therefore ,
Required rate of interest = R = 4%
I hope this helps you.
: )
Aplok:
thanks brother.
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