4r = 100
⇒ r = 25%
Rate of interest r = 25%
If a principal is getting doubled after 4 years, then calculate the rate of interest. (Hint: Let P = ₹ 100)
Let the principal P = ₹ 100
Given it is doubled after 4 years
i.e. Time n = 4 years
After 4 years A = ₹ 200
∴ A = P + I
A – P = I
200 – 100 = I
After 4 years interest I = 100
I = `"Pnr"/100`
⇒ 100 = `(100 xx 4 xx "r")/100`
4r = 100
⇒ r = 25%
Rate of interest r = 25%
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Principal = ₹ 1,200 at 12% p.a.
Find the amount to be paid at the end of 3 years in given case:
Principal = ₹ 7,500 at 5% p.a.
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In simple interest, a sum of money amounts to ₹ 6,200 in 2 years and ₹ 6,800 in 3 years. Find the principal and rate of interest.
Arun lent ₹ 5,000 to Balaji for 2 years and ₹ 3,000 to Charles for 4 years on simple interest at the same rate of interest and received ₹ 2,200 in all from both of them as interest. Find the rate of interest per year
In the first year on an investment of Rs 6,00,000 the loss is 5% and in the second year the gain is 10%, the net result is ______.
The interest on ₹ 30000 for 3 years at the rate of 15% per annum is ______.
The ______ of interest on a sum of ₹ 2000 at the rate of 6% per annum for `1 1/2` years and 2 years is ₹ 420.
The interest on ₹ 350 at 5% per annum for 73 days is ₹ 35.
The simple interest on a sum of ₹ P for T years at R% per annum is given by the formula: Simple Interest = `(T xx P xx R)/100`.