if the numerator of a fraction is decreased by 1 and the denominator is decreased by 2 the fraction becomes 1/2 if the numerator and denominator increased by 2the fraction becomes 1/2 find the fraction
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Answer:
∴A deposit of 6500 was invested and expanded to 8300 , this means the simple interest is
= 8300 - 6500
= $ 1800
∴ Principal = $6500
∴No. of years = 5 years
∴Simple interest = $1800
\begin{gathered} = > 1800 = \frac{6500 \times r \times 5}{100} \\ \\ = > 1800 \times 100 = 6500 \times r \times 5 \\ \\ = > 180000 = 32500 \times r \\ \\ = > r = \frac{180000}{32500} \\ \\ = > r = 5.5\%\end{gathered}
=>1800=
100
6500×r×5
=>1800×100=6500×r×5
=>180000=32500×r
=>r=
32500
180000
=>r=5.5%
ANS- Rate of interest = 5.5%
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