1.

Find the rate of interest which gives rupees 140 as interest on a sum of rupees 4200 in 5 months​

Answer»

ANSWER:

ᴡᴇ ʜᴀᴠᴇ,

 ᴩ=ʀꜱ.56000,

 ᴛ=2yᴇᴀʀꜱ,

 ꜱɪ=ʀꜱ.280

 ᴡᴇ ᴋɴᴏᴡ ᴛʜᴀᴛ,

ꜱɪ=100ᴩ×ʀ×ᴛ

280=10056000×ʀ×2

 ʀ=2×560280

 ʀ=0.25%

 ʜᴇɴᴄᴇ, ᴛʜᴇ ᴠᴀʟᴜᴇ ᴏꜰ ᴛʜᴇ ʀᴀᴛᴇ ɪꜱ 0.25%.



Discussion

No Comment Found

Related InterviewSolutions