Mr. Mehta lent the sum of money at 2 whole 1/2 %per annum simple interest and received of Rs.2400 in three years. Find the sum
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Mr. Mehta lent the sum of money at 2 whole 1/2 %per annum simple interest and received of Rs.2400 in three years. Find the sum
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Answer:
Let the principal = P, Rate = R% per annum (p.a) and Time = T years. Then ,
S.I = PxRxT/100 this is formule to solve this question.
Step-by-step explanation:
for example.......
A sum of Rs 10,000 is borrowed at a rate of interest 15% per annum for 2 years. Find the simple interest on this sum and the amount to be paid at the end of 2 years.?
solution ... On Rs 100, interest charged for 1 year is Rs 15.
so no rs 10000 intersted charge = 15/100x10000 = RS 1500
Interest for 2 year = 1500x2 = 3000
Amount to be paid at the end of 2 years = Principal + Interest
done..........sagarvermacool19
Answer:
this is your answer in this picture