p=? R = 3.5% S. I = ? T= 2years Amount = 535
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Hlo friend, here is your answer.
Given that
Rate of Interest = 3.5 % per annum
Time = 2 years
Amount = ₹535
Solution
We have to find the simple interest and principal.
S.I. = P×R×T/100
A-P = P×3.5×2/100
535 - P = 7P/100
100(535 - P) = 7P
53500 - 100P = 7P
53500 = 7P + 100P
53500 = 107P
P = 53500/107
P = ₹500
Hence, principal = ₹500.
Simple Interest = Amount - Principal
= ₹(535-500)
= ₹35.
Hope it helps you.
With regards@
Tanisha
Given that
Rate of Interest = 3.5 % per annum
Time = 2 years
Amount = ₹535
Solution
We have to find the simple interest and principal.
S.I. = P×R×T/100
A-P = P×3.5×2/100
535 - P = 7P/100
100(535 - P) = 7P
53500 - 100P = 7P
53500 = 7P + 100P
53500 = 107P
P = 53500/107
P = ₹500
Hence, principal = ₹500.
Simple Interest = Amount - Principal
= ₹(535-500)
= ₹35.
Hope it helps you.
With regards@
Tanisha
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0
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