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Ex. 7. If the simple interest on a certain SUM UI MOJ
the rate of interest per annum.
Sol. Let the principal (P) = x
x
Then,
S.I. =
T= 2 years
5
PxRxT
Using the formula S.I. =
we get
100
xx R x2
* x 100
R=
= 10% p.a.
5 100
5x * x 2
EXERCISE 9 (E)
Find the simple interest and the amount at simple interest in problems from 1 through 4:
1
1. * 184 for 2 years at 5% p.a.
2. 3600 for 5 years at 12% p.a.
2
3. 350 for 4 years at 6% p.a.
4. 960 for 3 years at 5% p.a.
2
5. Vineet deposited *8500 in a finance company which pays 18% interest per year. Find the ar
will receive after 3 years.
6. A farmer borrowed 3600 at 15% interest per annum. At the end of 4 years he cleared his a
paying 4000 and a cow. Find the cost of the cow.
7. Find the rate per cent per annum if:
(1) 350 yields 105 interest in 6 year. (ii) *425 yields 238 interest in 8 years.
Answers
Answer:
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Step-by-step explanation:
Ex. 7. If the simple interest on a certain SUM UI MOJ
the rate of interest per annum.
Sol. Let the principal (P) = x
x
Then,
S.I. =
T= 2 years
5
PxRxT
Using the formula S.I. =
we get
100
xx R x2
* x 100
R=
= 10% p.a.
5 100
5x * x 2
EXERCISE 9 (E)
Find the simple interest and the amount at simple interest in problems from 1 through 4:
1
1. * 184 for 2 years at 5% p.a.
2. 3600 for 5 years at 12% p.a.
2
3. 350 for 4 years at 6% p.a.
4. 960 for 3 years at 5% p.a.
2
5. Vineet deposited *8500 in a finance company which pays 18% interest per year. Find the ar
will receive after 3 years.
6. A farmer borrowed 3600 at 15% interest per annum. At the end of 4 years he cleared his a
paying 4000 and a cow. Find the cost of the cow.
7. Find the rate per cent per annum if:
(1) 350 yields 105 interest in 6 year. (ii) *425 yields 238 interest in 8 years.