Question

at what rate percent per annum will the simple interest on 5650 be 1695 in 2 years and 6 months

Answer 1

Answer:

Step-by-step explanation:

SImple interest (SI) = Rs. 1695 Principle (P) = Rs. 5650 Time (T) = 2 years 6 month = 2 years + 1/2 years = 5/2 years Rate of Interest (R) = ? Now SI = (P*R*T)/100 ⇒ 1695 = (5650*R*5)/2*100 ⇒ R = (1695*2*100)/5650*5 = 12%

Answer 2

SI= 1650

P=5650

T=2years 5 months = 5/2 years

SI= (P×R×T) /100

1650= 5650×R×2.5)/100

R=12%