if the simple interest for rs.1080 at 5% per annum from a 146 days is the same as the simple interest for rs.2160 for 73 days, find the rate per cent for the second.
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Answer:
5%
Step-by-step explanation:
Simple interest( case 1 )=
⇒ 1080 × 5 × 146/365 ×1/100
Simple interest ( case II) = P×R×T/100
⇒2160 × R × 73/365 × 1/100
ATQ
1080 × 5 × 143/365 × 1/100 = 2160 × R × 73/365 × 1/100
⇒ R = 1080 × 5 × 143/365 × 1/100 × 1/2160 × 365/73 ×100
⇒R = 5%
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