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If the simple interest for 5 years is 77...

If the simple interest for 5 years is 77.50 find the simple interest for 4 years the same principle rate ?

A

124

B

15.5

C

387.5

D

62

Text Solution

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The correct Answer is:
To find the simple interest for 4 years when the simple interest for 5 years is given as 77.50, we can follow these steps: ### Step 1: Understand the formula for Simple Interest The formula for calculating simple interest (SI) is: \[ \text{SI} = \frac{P \times R \times T}{100} \] Where: - \( P \) = Principal amount - \( R \) = Rate of interest per annum - \( T \) = Time in years ### Step 2: Calculate the annual simple interest Since we know the simple interest for 5 years is 77.50, we can find the annual simple interest by dividing the total interest by the number of years: \[ \text{Annual SI} = \frac{77.50}{5} \] ### Step 3: Perform the calculation Now, we can calculate the annual simple interest: \[ \text{Annual SI} = \frac{77.50}{5} = 15.50 \] ### Step 4: Calculate the simple interest for 4 years Now that we have the annual simple interest, we can find the simple interest for 4 years: \[ \text{SI for 4 years} = \text{Annual SI} \times 4 \] \[ \text{SI for 4 years} = 15.50 \times 4 \] ### Step 5: Perform the calculation Now, calculate the simple interest for 4 years: \[ \text{SI for 4 years} = 15.50 \times 4 = 62.00 \] ### Final Answer The simple interest for 4 years is **62.00**. ---
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