Question

if the simple interest on asum of money lent at 6.5% p.a for 1 year and 11 months in Rs 897 , find the sum of money​

Answer 1

Given :

• rate of simple interest = 6.5% p.a.

• time = 1 year 11 months = 1 + 11/12 years = 23/12 years

• simple interest = Rs. 897

To find :

• the sum of money

Solution :

• We know that ---

• interest = sum × time × rate of interest / 100

• then,
• sum = (interest × 100)/(time × rate of interest)
• = Rs. (897 × 100) / (23/12 × 6.5)
• = Rs. 7200

Answer :

• required sum is Rs. 7200

Answer 2

Answer:

Here is answer dear friend