Question

rs 9000 becomes rs18000 at simple intrest in 8 years.find the rate per annum

Answer 1

Heya ✋

Let see your answer !!!!

Given that

A = ₹18,000

P = ₹9,000

T = 8 years

R = ?

Solution

S.I. = A - P

= ₹(18,000 - 9,000)

= ₹9,000

S.I. = P × R × T/100

=> 9,000 = 9,000 × R × 8/100

=> 9,000 × 100/9,000 × 8 = R

=> R = 25/2 % p.a.

=> R = 12.5 % p.a.





Thanks :)))))