the time in which the S.I. on 200 rupees at 5 per annum be 70 rupees is
Answers
Answered by
5
Find :-
the S.I on Rs. 200 for 7 months at 5 paisa per rupee per month.
Given Principal amount =Rs.200
Time period =7Rate of interest 5 paise per rupee per month.
So,
the interest in one month on Rs. 200 will be,S.I =200×5=1000 paisa/month=10 rupees/month
So, the interest in 7 months will be,
10×7=Rs. 70
Similar questions