Find C.I. at the rate of 5%p.a. for 3 years on the principal, which gi – InterviewSolution

1.

Find C.I. at the rate of 5%p.a. for 3 years on the principal, which gives Rs. 1200 as at same rate of simple interest and for same period.

Answer» ONG>ANSWER:

A=Px(1+R÷100)

1200x(1+5÷100)

1200x100+5÷100

1200x105÷100

1200x21÷20(REDUCING with the table of 5)

A=1260

C.I=A-P

1260-1200

ANS=60

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