Answer:
60000/-, 22720/-
Step-by-step explanation:
13. (i) given,- simple interest = 12000/-, time = 4 years, rate of interest = 5% , principle = ?
we know that, I = Ptr/100
or, P = I ×100 / tr
or, p = 12000×100/ 4×5
or, p = 60000
so the sum of money is 60000/-
13 (ii) given,- simple interest = 8250/- , time = 5 year, rate of interest = 7.5% , principle = ?
we know that, I =Ptr/100
or, p= I×100/tr
or, p= 8520×100/7.5×5
or, p= 22720
so the sum of money is 22720/-
hope it is helpful.
Copyright © 2024 EHUB.TIPS team's - All rights reserved.
Answers & Comments
Verified answer
Answer:
60000/-, 22720/-
Step-by-step explanation:
13. (i) given,- simple interest = 12000/-, time = 4 years, rate of interest = 5% , principle = ?
we know that, I = Ptr/100
or, P = I ×100 / tr
or, p = 12000×100/ 4×5
or, p = 60000
so the sum of money is 60000/-
13 (ii) given,- simple interest = 8250/- , time = 5 year, rate of interest = 7.5% , principle = ?
we know that, I =Ptr/100
or, p= I×100/tr
or, p= 8520×100/7.5×5
or, p= 22720
so the sum of money is 22720/-
hope it is helpful.