At what rate percentage per annum will Rs 7000 produce Rs 350 as simple interest.
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Answered by
3
just use the formula of SI = PxRxT/100
so R = SIx100 / PxT
= 350*100/7000*1
= 5 %
so R = SIx100 / PxT
= 350*100/7000*1
= 5 %
Answered by
4
Hii there!!
S.I.= (P×T×R)/100
350= (7000×1×R)/100
R= 350×100/7000
R= 5%
Hope it helps.....
S.I.= (P×T×R)/100
350= (7000×1×R)/100
R= 350×100/7000
R= 5%
Hope it helps.....
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