please answer this question it's urgent ...and if you don't know don't post unnecessary here...Q - 18 I need..
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please answer this question it's urgent ...and if you don't know don't post unnecessary here...Q - 18 I need..
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Question :-
At what rate will Rs 7200 fetch a Simple Interest of Rs 3024 in 4 years?
Answer :-
Given :-
To find :-
Step-by-step explanation :-
The question has given us the Principal, Simple Interest and Time.
We have to find the Rate.
Lets assume that the Rate is r.
We know that :-
Lets apply this formula!
Substituting the values, we get :-
Multiplying 7200 by 4,
Multiplying 28800 by r,
Transposing 100 from LHS to RHS, changing it's sign,
On multiplying,
Transposing 28800 from LHS to RHS, changing it's sign,
Dividing 302400 by 28800,
So, Rs 7200 will fetch a Simple Interest of Rs 3024 in 4 years at the rate of 10.5% per annum.
Verified answer
Answer:
S.I = 7200 P= 3024 ,R= ? T= 4 S.I = P×R×T/100. 7200=3024×4×R/100.