Math, asked by kavita123gora, 9 months ago

what is the rate of sumple interst if
the interst on 5000 for 2 years is 600

Answers

Answered by TheProphet
4

Solution :

\underline{\bf{Given\::}}

  • Principal, (P) = Rs.5000
  • Time, (T) = 2 years
  • Simple Interest, (S.I) = Rs.600

\underline{\bf{Explanation\::}}

As we know that formula of the simple Interest;

\boxed{\bf{Simple\;Interest\:(S.I) = \frac{P\times R\times T}{100} }}

A/q

\longrightarrow\tt{R=\dfrac{S.I. \times 100}{P\times T} }\\\\\\\longrightarrow\tt{R=\dfrac{600 \times \cancel{100}}{50\cancel{00} \times 2} }\\\\\\\longrightarrow\tt{R=\dfrac{600}{50\times 2} }\\\\\\\longrightarrow\tt{R=\cancel{\dfrac{600}{100} }}\\\\\\\longrightarrow\bf{R=6\:\%}

Thus;

The rate of the simple Interest will be 6% .

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