the simple interest on rs5000 for 6month is 125.find the annual rate of interest
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Answered by
1
Answer:
Step-by-step explanation:
SI = P*R*T/100
125= 5000*R*6/100
R=5/12 this is for 6months
now r per annum = 2*5/12=5/6
kshivam70:
okk
Answered by
1
Simple interest for 6 Month = 125 Rs
Now we know that
Simple interest = +Principal x rate x time)/100
Principal = 5000 Rs
Time = 6 months i.e 1/2 year
Simple Interest = 125 Rs
Put all these values in formula
we get
125 = (5000 x Rate x 1/2)/100
After solving rate = 5 % per annum
SECOND METHOD
It is a short method.
Simple interest for 1 year = 125 x 2 = 250 Rs
now find 250 is how much percent of 5000.
i.e 5 Percent.
if you are a class X or XII Student it's ok if you don't understand second method.
Use First method.
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