1.

If rag have pays an interest of ₹850 for 2 year on a sum of ₹ 6500, find the rate of interest ​

Answer»

en

  • Principal=₹ 6500
  • Time= 2 year
  • Simple INTEREST= ₹ 850

To Find

  • Rate =?

Formula

\:  \:  \:  \:  \:  \:  \:  \:  \:  \boxed{ \gray{ \sf SI= \dfrac{Principal× Rate×time}{100}}}

Solution

  • Principal=₹ 6500
  • Time= 2 year
  • Simple Interest= ₹ 850

On Subtuting The VALUE in Formula

\implies \sf \: 850= \dfrac{6500× Rate×2}{100}

\implies\sf  \dfrac{85000}{6500 \times 2}=  Rate

\implies\sf     \sf \:  \dfrac{425}{65 }=  Rate

~~~~~~~~\sf     Rate = 6.5

____________________

Answer = 6.5%



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