(1) Principal (P) = Rs 500
Time (N) = 7 years
Rate (R) = 6 p.c.p.a.
We have
(2) Time (N) = 8 years
Rate (R) = 9 p.c.p.a
Interest = I = Rs 8640
We have
On multiplying both the sides by 100, we obtain:
On dividing both the sides by 72, we obtain:
(3) Principal (P) = Rs 9000
Rate (R) = 5 p.c.p.a.
Interest = I = Rs 2475
We have
On dividing both the sides by 5, we obtain:
On dividing both the sides by 90, we obtain:
Therefore, Time = 5.5 years
(4) Principal (P) = Rs 11000
Time (N) = 6 years
Interest = I = Rs 2640
We have
On dividing both the sides by 110, we obtain:
On dividing both the sides by 6, we obtain:
Principal
(Rs) |
Period
(years) |
Rate
(p.c.p.a) |
Simple Interest
(Rs) |
500 |
7 |
6 |
210 |
12000 |
8 |
9 |
8640 |
9000 |
5.5 |
5 |
2475 |
11000 |
6 |
4 |
2640 |