Exercise 8H
Question
Find the missing value.
(1) I if P = Rs. 800, R = 5% p.a., T = 2 years.
Sol :
I=PRT100
=800×5×2100
=80
(2) I if P = Rs. 5000, R = 6.5% p.a. T = 3 years.
Sol :
I=PRT100
(3) R is I = Rs. 364 P = Rs. 1300, T = 7 years.
Sol :
I=PRT100 or =R100IPT
(4) P if I = Rs. 440, R = 5%, T = 4 years
Sol :
I=PRT100 or P=100IRT
=100×4405×4
=2200
(5) T if I = Rs. 455, R = 7%, P = Rs. 1300
Sol :
I=PRT100 or T=100IPR
(6) After 2 years, the credit balance in a saving account earning simple interest was Rs. 585.75. The original amount was Rs. 550. What was the interest rate?
Sol :
Simple Interest(585.75-550)=35.75
=100×35550×2
=3.25
Ans : Interest Rate was 3.25%
(7) In what time will Rs. 1860 amount to Rs. 2641.20 at simple interest of 12% per annum.
Sol :
SI=2641.20-1860=781-20
I=PRT100
or T=100IPR
=100×781.201860×12×100
=3.5
Ans : 3.5 years
(8) Find the simple interest on Rs. 7300 from 10 May 2017 to 10 September 2017 at 5% per annum.
Sol :
I=PRT100
=7300×5×123365100
=123
Ans : 123
(9) A sum of Rs. 400 amounts to Rs. 480 in 4 years. What will it amount ti, if the rate of interest is increased by 2%?
Sol :or R=100IPT
=100×80400×4
=5
Then, I1=P1R1T1100
=400×4×7100=112
Therefore, New amount=(P+1)
(10) On a certain sum, the simple interest at the end of 6-1/4 years becomes 3/8 of the sum. Find the rate of interest.
Sol :
I=PRT100
38p=PR(254)100
38=R16
R=16×38=6
Ans : Rate of interest is 6%
(11) A sum doubles itself in 8 years at simple interest. Find the rate of interest per annum.
=x×100x×8=1008
=25.5
(12) In how many years will the simple interest on a sum of money be equal to the principal at the rate of 16-2/3% per annum?
Let, Principle is P and Interest is also P then P=PRT100
1=50×T3×100
T=100×350
=6
Thank you
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