find the rate per cent per annum. 1)rs. 350 yields rs.105 interest in 6 years. 2) rs.425 yields rs.238 interest in 8 years
Answers
Answered by
128
We know that SI = PRT/100
R = SI x 100/PT
1) P = 350
SI = 105
T = 6
R = 105 x 100/350 x 6 = 5
Hence Rate pa = 5%
2) P = 425
SI = 238
T = 8
R = 238 x 100/425 x 8 = 7
Hence Rate pa = 7%
Hope This Helps You!
R = SI x 100/PT
1) P = 350
SI = 105
T = 6
R = 105 x 100/350 x 6 = 5
Hence Rate pa = 5%
2) P = 425
SI = 238
T = 8
R = 238 x 100/425 x 8 = 7
Hence Rate pa = 7%
Hope This Helps You!
Answered by
6
Step-by-step explanation:
Given that,
P=Rs.350
R=R% p.a
S.I=Rs.105
T=6 years
∵S.I=
100
PTR
⟹105=
100
350×6×R
⟹105=21R
⟹R=
21
105
⟹R=5
∴Rate=5% p.a.
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