. The difference between C.I. and S.I. on
7,500 for two years is 12 at the same rate
of interest per annum. Find the rate of interest. Using formula
Answers
Answered by
2
Answer:
108
Step-by-step explanation:
Sum= 7500
CI rate= 12% PA
SI rate= 12% PA
Time= 2 years
Difference in interest rates=?
===========
- SI=7500*(1+12*2/100)= 7500*1.24= 9300
- CI= 7500*(1+12/100)²= 7500*1.12²= 9408
- Difference= 9408-9300= 108
Answered by
4
Answer:
Hello mate itz Essar 03..
Step-by-step explanation:
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8th
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Comparing Quantities
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The difference between C.I....
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The difference between C.I. and S.I. on Rs.7,500 for two years is Rs.12 at the same rate of interest per annum. Find the rate of interest.
December 20, 2019avatar
Prasanna Shrey
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ANSWER
P=7500 CI−SI=12
T=2yr
SI=
100
PRT
=
100
7500×R×2
=150R
CI=p(1+
100
x
)
2
−P=7500[(1+
100
x
2
)−1]
⇒7500(1+
100×100
R
2
+
100
2R
−1)−150R=12
⇒
4
3R
2
+150R−150R=12
⇒R
2
=
3
12×4
=10 So R=4%
Hope it will be helpful ✌️✌️✌️✌️❤️❤️❤️
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