Find the S.I. on rupees 900 lent on August 10 and received back on October 22 of the same year, the rate being 8 3/4% p.a. (per annum).
Miss pls answer the question with every single equvation
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Answer:
⇒ S.I. for 2 years = Rs. 720.
⇒ S.I. for 7 years = Rs. 1020
∴ S.I. for 5 years = Rs. 1020− Rs. 720= Rs. 300.
⇒ S.I. for 2 years =
5
300
×2=Rs.120
⇒ Principal=720−120=Rs.600
∴ The sum is Rs.600.
hope it helps you!!
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