Question

what sum will yield a simple interest of 750 rupees for 2 years at the rate of 25 over 3 % p.a ?​

Answer 1

Answer:

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Explanation:

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Answer 2

Answer:

$si = \frac{p \times r \times t}{100} \\ = \frac{750 \times 2 \times 3}{100} \\ = \frac{75 \times 3}{5} \\ = 15 \times 3 \\ = 45$

Principal: The money which we deposit in or the lower from the bank or the money learned called the principal.

Rate of interest: The interest paid on $ 100 for one year is called the rate per cent per year or rate per cent per annum.

Time: The period of time for which the money is lent or invested.

Interest: Additional money paid by the borrowed to the lender for using the money is called interest.

Simple Interest: If the interest is calculated uniformly on the original principal throughout the lone period, it is called simple interest.

Amount: The total money paid back to the lender is called the amount.

S.I = (P × R × T)/100

R = (S.I × 100)/(P × T)

P = (S.I × 100)/(R × T)

T = (S.I × 100)/(P × R)