Simple Interest, I = …………………
A) \(\frac{100}{PTR}\)
B) \(\frac{PT^2R}{100}\)
C) \(\frac{PTR}{100}\)
D) \(\frac{P}{100\, \,T}\)
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11) A sum of ₹20000 accumulated to ₹ 50000 , after 12 years. Find the rate of simple interest p.a., which was effective in this situation.
Here, P = 20000, A = 50000, T = 12 years(T× is time period) S.I. = A - P = 50000- 20000 = 30000 S.I. = P × R × T /...
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Public Interest Litigation comes under ………. Right.
B) Right to constitutional Remedies
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Kumudtai’s journey into Sanskrit began with great interest and eagerness with Gokhale Guruji, her teacher at school.
Yes. She felt that the study of Sanskrit can help her break into a field that was not possible for her to enter on grounds of gender and caste. As she...
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Name and explain the function which returns the future value of an investment which has constant payment and interest.
PMT: The PMT function calculates the periodic payment for an annuity assuming equal payments and a constant rate of interest. The syntax of PMT function is as follows: =PMT (rate,...
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Adolescents show interest to spend time with
Answer is (C) peer
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Read the following statements and identify the changes occurred in Adolescence. i) More interest to engage with friends than parents
(C) i, iii, iv
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Simple Interest, I = …………………
Correct option is C) \(\frac{PTR}{100}\)
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P is the principle, R% is rate and time period is T, Simple Interest S and Compound Interest is C then observe the following cases.
A) Only (i) is true
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On certain amount simple interest is 16/25th part of the amount taken then the time and rate of interest is ……………….. (Numerically same)
Correct option is (A) 8 Let the amount taken be Rs P. \(\therefore\) S.I. = \(\frac{16}{25}\times\) P = \(\frac{16P}{25}\) R = T \(\therefore\) S.I. = \(\frac{PRT}{100}\) \(\Rightarrow\) \(\frac{16P}{25}\) = \(\frac{P\times R\times R}{100}\) \((\because\) R = T) \(\Rightarrow\) \(R^2=\) \(\frac{16P}{25}\times\frac{100}P\) \(=16\times4=64=8^2\) \(\Rightarrow\) R = 8 \(\Rightarrow\) T = R = 8
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If interest is paid @ 3% simple interest per annum then the total interest (approximately) is
Correct Answer - d Use the formula to find simple interest
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