Question

PRINCIPAL = X
RATE OF INTREST PER ANNUM=
3.5%
TIME PERIOD= 2 YEARS
SIMPLE INTREST= Y
AMMOUNT ₹535

FIND X AND Y
PLEASE EXPLAIN ME WITH FULL PROCESS PLEASE ​

Answer 1

Answer:

hope it will help you

Step-by-step explanation:

Given R = 3.5%, T = 2 years Amount = Rs 535 Recall A = P(1+TR/100) ⇒ 535 = P[1+ (2× 3.5)/100] ⇒ 535 = P[107/100] ⇒ P = 535 × (100/107) = 500 Hence principal P = Rs 500 Simple interest, I = (PTR)/100 = (500 × 2 × 3.5)/100 = (5 × 2 × 3.5) = 35 Hence interest = Rs 35

Answer 2

See the picture. hope it helps