Math, asked by Bansika, 1 year ago

what will be the answer of question 9

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Answered by siddhartharao77
0
Given that Randhir donates 5000 to a school.

P = 5000.

Given that Time t  = 1 year.

if the donation earns an interest of 11% per annum.

R = 11%.


We know that SI = PTR/100

                            = 5000 * 1 * 11/100

                            = 550.


Given that number of total scholarships = 10.

Therefore the value of each scholarship = 550/10

                                                                    = 55.


Hope this helps!
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