Question

what sum will produce an interest of rupees 1320for 2.5years at 5.5%rate of interest per annum​

Answer 1

Answer:

Given I = 1320Rs, T = 2.5 years, rate 5.5%

We know that I = PTR/100

P = (I×100)/TR

Substitute the values.

P = (1320×100)/(2.5×5.5)

P = 9600

So, 9600 Rs will provide the same.

Answer 2

Step-by-step explanation:

given p=1320 ,t=2.5,p=5.5

we know that I = PTR/100

substitute 1320=p×2.5×5.5/100=9600