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CBSE Class 7 Answered

What principal invested at 5 % for 3 months will yield a simple interest of Rs. 25?
Asked by rajaniprasad315 | 22 Aug, 2020, 04:58: PM
Expert Answer
Let P be the principal, N = 3 months = 3/12 years = 1/4 years and R=5%
S I equals fraction numerator P cross times N cross times R over denominator 100 end fraction 25 equals fraction numerator P cross times 1 cross times 5 over denominator 100 cross times 4 end fraction rightwards double arrow P equals fraction numerator 25 cross times 100 cross times 4 over denominator 5 end fraction equals R s. space 2000
Answered by Renu Varma | 24 Aug, 2020, 12:26: PM

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