Principal = ₹ 12000 Time = 2.5 years Interest = ₹ 2250 so Rate = ??
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Step-by-step explanation:
CHARACTERISTICS OF ELECTRIC LINES OF FORCE
Electric lines of force are always normal to the surface of charged body. Electric lines of force contract longitudinally. Two electric lines of force cannot intersect each other. Two electric lines of force proceeding in the same direction repel each other.
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Answer:
Problem 1. A sum of Rs. 25000 becomes Rs. 27250 at the end of 3 years when calculated at simple interest. Find the rate of interest.
Solution:
Simple interest = 27250 – 25000 = 2250
Time = 3 years.
SI = PTR / 100 → R = SI * 100 / PT
R = 2250 * 100 / 25000 * 3 → R = 3%.
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