Question

V.
What sum will yield an interest of Rs 784 in 2 years at 8% per annum.
Ans:​

Answer 1

Answer:

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Answer 2

The simplest interest is given as Rs 784 in 2 years at rate of 8%.

s.i = P×R×T upon 100

784 = P×25×2 upon 8×100

P= 784×4×100 upon 28×2

P= Rs =6272