Question

principle is x rate of interest per annum is 3.5 % time period is 2 year simple interest is X amount 535 rupees​

Answer 1

Answer:

R = 3.5%

T = 2 years

Amount = Rs 535

A = P(1+TR/100)

  =535 = P[1+ (2× 3.5)/100]  

   =535 = P[107/100]

    = P = 535 × (100/107) = 500

P = Rs 500

SI = (PTR)/100

   = (500 × 2 × 3.5)/100

  = (500 × 2 × 3.5)/100

  =Rs. 35