simple interest at 7 whole 1 upon 4% p.a 2 whole 1 upon 2 years is rupees 2350 6.25.
Answers
Answered by
1
Answer:
Here,
I = Rs 2356.25
R = 741% p.a.
= 29 / 4 % p.a.
T = 221years
= 5 / 2 years
Hence,
P = (I × 100) / (R × T)
= Rs (2356.25 × 100) / (29 / 4) × (5 / 2)
On further calculation, we get,
= Rs (2356.25 × 100 × 4 × 2) / (29 × 5)
= Rs (235625 × 8) / (29 × 5)
We get,
= Rs (47125 × 8) / 29
= Rs 1625 × 8
= Rs 13000
Answered by
1
Answer:
13000
Step-by-step explanation:
rate of interest=7 1/4%
time=2 1/2
simple interest=2356.25 rupees
convert both time & rate of interest into improper fraction
time=2 1/2 years
=5/2 years
rate of interest=7 1/4
= 29/4%
calculate the sum of money
sum of interest×100 ÷ time × rate of interest
2356.25÷5/2×29/4
23567.25×2×4÷5×29
13000
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