7. Find gain or loss % When8. Find the rate when: Principal = Rs. 8250 – InterviewSolution

1.

7. Find gain or loss % When8. Find the rate when: Principal = Rs. 8250, S.I. = Rs. 1100, Time = 2 years.

Answer»

<P>ANSWER:

GIVEN: – P = ₹ 8250,

SI = ₹ 1100, t = 2 years.

We know that, R = (100 × SI) / (P × T)

= (100 × 1100)/ (8250 × 2)

= (50 × 1100) / (8250 × 1)

= (55000/ 8250)

= 6.67

= 6(2/3) %

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