Question

what sum of money lent out of 2.5 % 3 months would produce at 37.50 interest​

Answer 1

Answer:

Here is your answer dear

Step-by-step explanation:

Interest=(Principle*Time*Rate of interest)/100

(P*8/12*6.25)/100=37.50

P*2/3*6.25=37.50*100

P*12.5/3=3750

P=3750*(3/12.5)

P=900

The sum of money lent out is Rs.900

Answer 2

Answer:

answer is in attachment