Question

Find the rate percent per annum if ₹ 500 gives ₹ 105 interest in 6 years.


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Answer 1

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.

Answer 2

Answer:

given above

Step-by-step explanation:

have a look in that