(i) the interest on 6000 become 1200 at the rate of 5% per annum?
(ii) 8500 amount to 15 385 at the interest rate of 9% per annum?
Answers
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Step-by-step explanation:
1)p=6000
SI=1200
R=5%
N=?
SI=PNR/100
1200=6000×N×5/100
12=60×N/20
12×20/60=N
N=4
2)P=8500
A=15385
SI=15385-8500
SI=6885
R=9%
SI=PNR/100
6885=8500*N*9/100
6885=85*9N
1377=17*9N
81=9N
N=9
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