Rahul borrowed rupees 650 from Sohan at 8% interest per annum find the simple interest Rahul has to pay Sohan after 4 whole 1/2 years?
Answers
Answered by
15
Heyya there!!
Borrowed money by Rahul=₹650.
At 8% interest for one year will be ₹52.
Therefore, For 4 and half years interest payable will be ₹234 ( 52×4.5) .
Hope it helps you!!!
Borrowed money by Rahul=₹650.
At 8% interest for one year will be ₹52.
Therefore, For 4 and half years interest payable will be ₹234 ( 52×4.5) .
Hope it helps you!!!
Answered by
5
Given : Rahul borrowed rupees 650 from Sohan at 8% interest per annum
To Find : the simple interest Rahul has to pay Sohan after 4 whole 1/2 years?
Solution:
P = 650
R = 8 %
T = 4 1/2 = 9/2 years
SI = P * R * T /100
SI = 650 * 8 * (9/2) /100
= 65 x 4 x 9 /10
= 260 x 9 /10
= 26 x 9
= 234
Interest = Rs 234
the simple interest Rahul has to pay Sohan after 4 whole 1/2 years = 234 Rs
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