Home
Class 7
MATHS
The simple interest on a sum of Rs. P fo...

The simple interest on a sum of Rs. P for T years at R% per annum is given by the formula: Simple Interest = `(T times P times R)/100`.

Text Solution

AI Generated Solution

Promotional Banner

Topper's Solved these Questions

  • COMPARING QUANTITIES

    NCERT EXEMPLAR|Exercise THINK AND DISCUSS|24 Videos
  • COMPARING QUANTITIES

    NCERT EXEMPLAR|Exercise THINK AND DISCUSS|24 Videos
  • ALGEBRAIC EXPRESSIONS

    NCERT EXEMPLAR|Exercise Check understanding |1 Videos
  • DATA HANDLING

    NCERT EXEMPLAR|Exercise THINK AND DISCUSS |3 Videos

Similar Questions

Explore conceptually related problems

The simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4,000 for 2 years at 10% per annum. What is the sum placed on simple interest ?

The simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs 4000 for 2 years at 10% per annum.The sum placed on simple interest is (a) Rs 1550 (b) Rs 1650 (c) Rs 1750 (d) Rs 2000

The simple interest on a certain sum for 8 years at 12 per cent per annum is Rs. 3120 more than the simple interest on the same sum for 5 years at 14 per cent per annum. Find the sum.

The compound interest on a sum of rsp, for T years at R% per annum is given by l=[(1+(R)/(100))^(T)-1] . Make R as the subject of the formula .