Question

TRY THESE
ur account and the interest rate is 5%. After how m
rate is 5%. After how many years
ou earn
240 as interest.
wald you can
interest paid after 3 years is 450 at 5% rate of interest
hacertain sum the
. Find the sum
EXERCISE 8.3
or loss in the following transactions. Also find profit per cent or
Tell what is the profit or loss in the
loss per cent in each case.
Gardening shears bought for 250 and sold for 325.
b) A refrigerater bought for 12,000 and sold at 13,500.
(c) A cupboard bought for 2,500 and sold at 3,000.
d) A skirt bought for 250 and sold at 150.​

Answer 1

Time (T) = 2 years

Step-by-step explanation:

Principal (P) = Rs 2400 ,

Rate of interest (R) = 5% ,

simple interest (S.I) = Rs 240 ,

Let the Time = T years

\boxed { T = \frac{ S.I \times 100}{PR}}

\implies T = \frac{ 240\times 100}{2400\times 5}

\implies T = 2 \: years

Therefore,

Time (T) = 2 years

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Answer 2

hope it's help you...............