Math, asked by krupapatil2321, 4 days ago

Principal amount is 8,500, rate is 3%, time 2years = interest _____​

Answers

Answered by azamzaid2007
0

Answer:

A sum of money invested at simple interest amounts to Rs.8500 in three years and Rs.9350 in five years.

(9350 - 8500) = Rs.850 is the simple interest of 2 years.

(850/2) = Rs.425 is the SI of 1 year.

So, (425×3) = Rs.1275 is the SI of 3 years.

Hence, principle = (8500–1275) = Rs.7225

And the rate of interest is = (1275×100)/(7225×3)% = 5.88%

Step-by-step explanation:

Answered by palgandhi6a17
0

Answer:

Interest = Principal × Rate × Time / 100

= 8500 × 3 × 2 / 100

= 85 × 3 × 2 / 1 ( 00 cut)

= 510

Hope it helps you!

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