what money will produce an amount of Rs 174 in 2 years at the rate of 8% per annum simple interest ?
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HERE'S YOUR ANSWER
S.I = P×R×T/100
= P*2*8/100
= P*16/100
Now, A= S.I + P = 174
=> 16P/100 + P = 174
=> 116P/100 = 174
=> P = 17400/116
Therefore, P = Rs. 150
HOPE HELPED!!
S.I = P×R×T/100
= P*2*8/100
= P*16/100
Now, A= S.I + P = 174
=> 16P/100 + P = 174
=> 116P/100 = 174
=> P = 17400/116
Therefore, P = Rs. 150
HOPE HELPED!!
Harsh18042004:
sorry but the answer is 150 rs
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