Question

The S.I. on a sum of money for 2 years is ₹100 and the C.I. on the same sum at the same rate for same time is ₹ 104. Find the rate of interest.

please give me picture also​

Answer 1

Step-by-step explanation:

year SI is 100 Rs. Then 1 year SI is 100/2=50 Rs.

2 year CI is 105 Rs. that is greater than from SI 5 Rs.

5 is how much percent of 50=50/5

=10%

We know that the rate of interest is 10% and time is 2 year.

50=P*1*10/100

P=50*100/10

P=50*10

Principal=500

Rate=10%

Time=2 year.

Answer 2

Answer:

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