Math, asked by mithileshratanpura, 1 year ago

Find the rate on a loan of rs. 3500 which is repaid after 2 years when the amount repaid is rs. 4130.

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Answered by RohitDhawan00

Answer:

I don't know I hope you understand my situation and I will be able to go back

Answered by Anonymous

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given

principal (P)=3500 Rs

$principal \: with \: interest (P_i)=4130 \: Rs \:$

$\therefore \: interest(i) =(4130 - 3500) Rs \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = 6130 \: Rs$

let,the interest rate per annum is = r%

now from the compound interest formula

$\implies \boxed {pi = p(1 + \frac{r}{100} ) {}^{t} } \\ now \: given \: \\ pi = 4130 \: and \: p = 3500 \: and \: t = 2 \: years \\ \therefore4130 = 3500(1 + \frac{r}{100} ) {}^{2} \\ \rightarrow \sqrt \frac{4130}{3500} - 1 = \frac{r}{100} \\ r = 0.086 \times 100 \\ \rightarrow r = 8.6$

$\large\mathfrak{...hope\: this \:helps\: you.....}$

#answerwithquality & #BAL

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Find the rate on a loan of rs. 3500 which is repaid after 2 years when the amount repaid is rs. 4130.​

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Find the rate on a loan of rs. 3500 which is repaid after 2 years when the amount repaid is rs. 4130.