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Q.

The rate where principal is Rs. 5200, SI is Rs. 975 and time is 2 1 2   years is ____ %.


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Detailed Solution

The rate where principal is Rs. 5200, SI is Rs. 975 and time isQuestion Image years is 7.5%.
Given that,
Principal = Rs. 5200,
SI = Rs. 975,
Time = 212=52 years.
SI=PRT100
R = S.I.×100 P×T  
Putting the values given in the formula,
R= 975×100×2 5200×5 R= 195 26 R=7.5%  
Therefore, the rate is 7.5 %.
 
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