What sum of money will yield 1407 as interest in 1.5 year at 14% p.a simple interest.
Answers
Answer:
Answer
P=Rs170.10
T=2yaers3months
T=2+
12
3
=
4
9
years
S.I.=
100
P×R×T
S.I.=
100
170.10×6×
4
9
Rs22.9635
The required sum of money is Rs22.9635
Answer:
GivenSimpleinterest(I)=Rs170.10
Time=2years3months
=2years+3months
=2years+
12
3
years
=2years+
4
1
years
=
4
8+1
=
4
9
years
Rate \: of \: interest (R) = 6\% \:per \: annumRateofinterest(R)=6%perannum
Let \: the \: sum = PLetthesum=P
\boxed { \frac{PTR}{100}=I}
100
PTR
=I
\begin{gathered} \implies P = \frac{100 \times I }{TR}\\=\frac{ 100\times 170.10}{ \frac{9}{4}\times 6}\\= \frac{ 17010\times 4}{9 \times 6}\\= Rs\: 315\end{gathered}
⟹P=
TR
100×I
=
4
9
×6
100×170.10
=
9×6
17010×4
=Rs315
Therefore.,
Required \: sum = Rs\:315Requiredsum=Rs315
•••♪
Step-by-step explanation:
I hope it is helpful plz make me Brilliant