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Answered by
3
Answer:
1st:-
ANS:-5%
Step-by-step explanation:
SIMPLE INTEREST =PNR/100
Given,
P=630 ,N=4years,I=RS.126
So 126=630*4*R/100
.
. . R=5%
Hope it helped you!!!!
Answered by
21
(I) At what rate percent per annum will be ₹630 produce an interest of ₹126 in 4 years?
Principal(P) = ₹630
Interest(I) = ₹126
Time(T) = 4years
Rate(R) = ?
As we Know,
I =
Then,
R =
=
=
= 5%
(II) At what rate percent per year will a sum double itself in years?
Let Principal(P) = ₹100
Amount = ₹(2×100) = ₹200
Interest = A - P = ₹ (200-100) = ₹100
T = years= years
R =
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