Elitmus
Exam
Numerical Ability
Simple & Compound Interest
the simple inetrest on a sum of money is 8/25 of the sum.if the no of years is numericlly half the rate percent per annum,then the rate % per annum is
Read Solution (Total 2)
-
- P= principalc amount
R=rate
T=time
as we know SI = (P*R*T)/100
here given that SI= (8/25)*P
also T/2=R
substituting value of T=2R in equation we get
(8/25)*P = (P*2R*R)/100
solving above we get R*R=16
hence R=4% - 7 years agoHelpfull: Yes(0) No(5)
- SI= P*R*T
T=R/2
SI=P*(R/2)*R/100
Put given values SI=8 and P=25
8=25*(R/2)*R/100
8=25*(R)square/200
(8*200)/25 = ( R )square
8*8= ( R )square
8= R Answer. - 2 years agoHelpfull: Yes(0) No(0)
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