Rampal deposited * 25,000 in the bank for 4 years
and obtained simple interest 8,000. What is the
rate of simple interest? With the same rate and
same period if he deposits amount 12,500,
then how much interest he will get?
Answers
Answered by
7
Answer:
R = 8%
SI = 4000
Step-by-step explanation:
1)
We know,
- SI = PTR/100
Given,
- SI = 8000
- Principal,P = 25000
- Time,T = 4years
To find,
- Rate of interest,R = ?
Let's substitute the given values in the formula :-
- 8000 = 25000 x 4 x R/100
- R = 8000 x 100/25000 x 4
- R = 8 x 100/25 x 4
- R = 2 x 100/25
- R = 2 x 4
- R = 8
Hence,
Rate of interest,R = 8%
2)
Given,
- P = 12500
- T = 4 yes
- R = 8%
To find,
- SI = ?
We know,
- SI = PTR/100
- SI = 12500 x 4 x 8/100
- SI = 125 x 4 x 8
- SI = 4000
Hence,
Simple interest,SI = 4000
Hope it helps
Answered by
53
Answer:
- ↠ Simple Interest = Rs.8000
- ↠ Principle = Rs.25000
- ↠ Time = 4 years
- ↠ The rate of simple interest
- ↠ Simple interest on the same rate and same period if he deposits amount 12,500.
Where :-
- ➻ R = Rate of simple interest
- ➻ S.I = Simple Interest
- ➻ P = Principle
- ➻ T = Time
Firstly, Finding the rate of simple interest :-
∴ The rate of simple interest is 8%.
Now, Calculating the simple interest on the rame rate and same time with principle Rs.12,500 :-
∴ The Simple Interest is Rs.4000.
- ↠ The rate of simple interest is 8%.
- ↠The same rate and same period if he deposits amount 12,500, then he will get Rs.4000 as simple interest.
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