Question

If the principal is ₹8250, SI is ₹1100 and time is 2years , then the rate is? ​

Answer 1

Answer:

Principal= 8250 Rs. Simple Interest 3 r1100Rs.

Time= 2 years

Let Rate be R.

According To Question, Equation Formed Will Be,

Simple Interest = 1100

P*T*R/100 = 1100

8250*2*R = 1100*100

16500 *R = 110000

R R

= 110000/ 16500

= 6.66

Therefore, Rate is 6.66%

Answer 2

Gɪᴠᴇɴ, P= 8250

SI=1100

T= 2 ʏᴇᴀʀs

R=?

Wᴇ ᴋɴᴏᴡ ᴛʜᴀᴛ,

R=(100×SI)/(P×T)

R=(100×1100)/(8250×2)

R=50×1100/8250

R=55000/8250

R=6.67

Sᴏ ᴜʀ ᴀɴsᴡᴇʀ ɪs 6.67