Maths solution amounts to rs.7500 in 4 years at simple interest.If interest rate is increased by 4% , it would amound to how much?
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Answer:
What will be the simple interest earned on an amount of Rs 16,800 in 9 months at the rate of 614% p.a.? ... 1 million+ math solutions ..... If sum become n time in t years then rate of interest.
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Explanation:
Principal (P) = Rs 2000
Rate of interest (R) = 5% p.a.
Time (T) = 5 years
Simple interest = (P×R×T100)
= (2000×5×5100)=Rs 500
(ii) . Principal = Rs . 500 , Rate of interest = 12.5% per annum , and Time = 4 years
(ii) . Principal (P) = Rs 500
Rate of interest (R) = 12.5% p.a.
Time (T) = 4 years
Simple interest = (P×R×T100)
=(500×12.5×4100)=Rs 250
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