Determine the amount of 4 960 of the roleOf simple intest of 85%. per8

1.	Determine the amount of 4 960 of the roleOf simple intest of 85%. per84% par Pran for1 year I machs. 2 1060
Answer» ANSWER: Interestforthelast5years=PTR100=360×5×6100=Rs.108Interestforyear=540−360=180So,interestforfirstfouryears=180−108=Rs.72;Now,rateforfirstfouryears=72×100360×4=5%

Determine the amount of 4 960 of the roleOf simple intest of 85%. per84% par Pran for1 year I machs. 2 1060

Answer»

Interestforthelast5years=PTR100=360×5×6100=Rs.108Interestforyear=540−360=180So,interestforfirstfouryears=180−108=Rs.72;Now,rateforfirstfouryears=72×100360×4=5%

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Determine the amount of 4 960 of the roleOf simple intest of 85%. per84% par Pran for1 year I machs. 2 1060​

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Determine the amount of 4 960 of the roleOf simple intest of 85%. per84% par Pran for1 year I machs. 2 1060