Question

Worksheet 5 1. Find the unknown quantity in each of the following: Principal Rate of Interest Time Period Simple Interest Amount per annum ) 12% * 1,200 1 2- years 2 2 years 3.5% * 535 Cui) 4% 3 years 120 Kiv) 450 31 189 years 2 (v) 3850 6% 178.50 (iv) 35,400 3 years 6,210



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Answer 1

Answer:

.Answer:

Given

Principal Amount= P = ?

Rate of Interest Per annum= R= 3.5%

Time = T = 2 years

Amount = 535

We know that

Amount= P(1+TR)

535=P(1 + 2×3.5/100)

535=P(1 + 0.07)

535 =P(1.07)

535/1.008 = P

500= P is the Principal Amount

Simple Interest= Final amount - Principal Amount

= 535 - 500 = 35

Answer 2

Answer:

Worksheet 5 1. Find the unknown quantity in each of the following: Principal Rate of Interest Time Period Simple Interest Amount per annum ) 12% * 1,200 1 2- years 2 2 years 3.5% * 535 Cui) 4% 3 years 120 Kiv) 450 31 189 years 2 (v) 3850 6% 178.50 (iv) 35,400 3 years 6,210

It's urgent...