Question

the simple interest on a sum of rupees 8250 for 2 years is rupees 1100 the rate percent per annum is ​

Answer 1

Step-by-step explanation:

S.I=1100

P=8250

S.I=PRT/100

1100=8250×r×2/100

r=1100×100/2×8250=6.7%

Answer 2

Given :-

• Principal = Rs.8250
• Time = 2 Years.
• Simple interest = Rs.1100

To Find :-

• Rate of interest per annum ?

Formula used :-

• Simple interest = (Principal * Rate * Time) / 100 .

Solution :-

Let us Assume that, Rate of interest is R% per annum.

Than,

Putting values in above told formula we get :-

→ Simple interest = (Principal * Rate * Time) / 100 .

→ 1100 = (8250 * R * 2)/100

→ 1100 = 825R / 5

→ 1100 = 165R

→ R = (1100/165)

→ R = (100/15)

→ R = (20/3)

→ R = 6(2/3) %

Hence, Required Rate of Simple interest is 6(2/3)% Per annum.

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Extra :-

Formula of simple interest :--

→ SI = P * R * T /100

→ R = (SI * 100) / (P * T)

→ T = (SI * 100) / (P * R)

→ Amount = P + SI .

where ,

→ P = Principal

→ R = Rate of Interest

→ T = Term of the loan/deposit in years..

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