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Ask QuestionPosted by Gargi Tripathi 1 year, 9 months ago
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Posted by Paras Goyal 1 year, 9 months ago
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Preeti Dabral 1 year, 9 months ago
We can solve the question as follows:
It is given that a sum of Rs. 4000 is lent for 5 years at the rate of 15% per annum. We have to find the simple interest.
Principal amount = Rs. 4000
Time =5 years
Rate =15 \%
The formula for simple interest is given as:
simple interest = {tex}\frac{P R T}{100}{/tex}
To find the simple interest, we will substitute the given values in the above formula,
{tex}\begin{aligned} \text { S.I. } & =\frac{4000 * 15 * 5}{100} \\ & =40 * 15 * 5 \\ & =R s .3000 \end{aligned}{/tex}
Hence, the simple interest is equal to Rs. 3000.
Posted by Aarna Garg 1 year, 9 months ago
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Posted by Abhishek Yadav 1 year, 9 months ago
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Preeti Dabral 1 year, 9 months ago
let the cost price= Rs x
1)
loss=l=5%
selling price(s1)=x(100-l%)/100
=x(100-5)/100
=95x/100-----(1)
2)
gain (g)=7%
selling price(s2)= x(100+g)/100
= x(100+7)/100
=107x/100-----(2)
but
(2) - (1)=27
107x/100 - 95x/100=27
12x/100=27
x=27*100/12
after cancellation
x=225
therefore
cost price=Rs225
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