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jay parida

· started a discussion

· 1 Months ago

Daubt (Question:109043.0)

Is this correct solution. Sir.. This is not ci. Its si

Question:
An amount becomes \(\unicode{x20B9} \)3795 in 3 years and \(\unicode{x20B9} \)4537.50 in 7 \(\cfrac{1}{2}\) years on simple interest. Find the rate of interest.
Options:
A) 6% per year
B) 4% per year
C) 4.5% per year
D) 5% per year
Solution:
Ans: (d) Let the principal be P and rate be r%.

From question,


Dividing equ. (ii) by equ. (i), 


RAGINI KUMARI

· commented

· 1 Months ago

Yes it is si not ci

Neetesh Kumar Choudhary

· commented

· 1 Months ago

it should be compound intrest

mrinal shastry

· commented

· 1 Months ago

correct h question

Knowledge Expert

· commented

· 1 Months ago

Dear Student,
Its correct, see the explanation carefully.
Keep Learning with Us
Best Wishes
Team Toprankers

Manoj Sigar

· commented

· 1 Months ago

this is correct answer
amount = principal +interest formula use kiya h
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