Question

Exercise 8.6
Find the simple interest on 5000 at 8% p.a. for 3 years.
2. What sum of money amount to * 2025 in 3 months at 5% simple interest per annum?
3. Find the principal on which the simple interest for 3 years at 4% amount to 1026.
4. After what time will * 4000 give an interest of * 500 at 5% p.a.?
5 In what time will a sum of money double itself at 6-% p.a. simple interest?
6. What sum of money lent out on simple interest will amount to 1904 in 3 years at 1% per month
7. At what rate of simple interest will a sum treble itself in 20 years?
8. At what rate of interest per annum, the simple interest on a certain sum becomes
S
5. ' a
% ?
4
at simple interest?
times of amo
Miscellaneous Solved Examples​

Answer 1

Answer:

simple interest=P×R×T÷100=

5000×8×3÷100

50×8×3=1200, ok

Answer 2

Answer:

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