Question

Question 2575
a) How long will it take for 1860 invested at the rate of 9-% per annum simple interest to
amount to 2449?



b) if Rohit borrows * 4800 at 5% p.a. simple interest, find the amount he has to return at the end of 2
years.




c) Solve the following:
(i) At what rate will * 7200 fetch a simple interest of * 3024 in 4 years?
(ii) Find the simple interest on 6000 at 8% p.a. for one year.

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Answer 1

answer

1. not sure may be 26 years and 82 months
2. 5280
3. I. 18.5

ii. si=480

amount =6480