plz answer these question i have got my exams on sunday fast plz :))))))
1.in what time is Rs5600 amount to Rs6720 at 8% per annum?
2.what amount a person will get after 2.5 years at 8% per annum if he invested Rs2650 in the bank?
3.What sum will amount to Rs5525 at 10% per annum simple interest in 3 years?
1.
principal P = Rs. 5600 , Amount A = Rs.6720 , rate of interest R = 8% per annum
simple interest SI = Amount - principal = 6720-5600= Rs. 1120
let the time be T years.
thus the required time is .
2. Principal P = Rs. 2650 , Time T = 2.5 years, rate of interest R = 8% per annum.
Amount = Principal + simple interest = Rs. 2650+530
Amount = Rs. 3180
thus he will get Rs. 3180.
3.
let the principal be Rs. 100
Time T = 3 years , rate of interest R = 10 % per annum
Amount = principal + simple interest = 100+30= Rs. 130
if the amount is Rs 130 principal = Rs. 100
if the amount is Rs. 5525 , principal =
thus Rs. 4250 will amount to Rs. 5525 in 3 years at 10% per annum.
hope this helps you