Example 15 - Chapter 7 Class 7 Comparing Quantities

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Example 15 - If Manohar pays an interest of Rs 750 for 2 years on a - Examples

part 2 - Example 15 - Examples - Serial order wise - Chapter 7 Class 7 Comparing Quantities

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Example 15 If Manohar pays an interest of Rs 750 for 2 years on a sum of Rs 4,500, find the rate of interest?I = Rs 750 T = 2 years P = Rs 4500 R = ? Now, I = ๐‘ƒ๐‘…๐‘‡/100 750 = (๐Ÿ’๐Ÿ“๐ŸŽ๐ŸŽ ร— ๐‘น ร— ๐Ÿ)/๐Ÿ๐ŸŽ๐ŸŽ 750 = 45 ร— 2R 45 ร— 2R = 750 R = ๐Ÿ•๐Ÿ“๐ŸŽ/(๐Ÿ’๐Ÿ“ ร— ๐Ÿ) R = 375/45 R = 125/15 R = 25/3 R = 8 ๐Ÿ/๐Ÿ‘ % p.a So, rate of interest is 8 ๐Ÿ/๐Ÿ‘ % p.a

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