1. Simple interest on a sum for six months at 5% per annum is Rs 65.5.What is the value (in Rs) of sum?





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  • By: anil on 05 May 2019 02.07 am
    Let principal amount = Rs. $$x$$ Rate of interest = 5% and time period = $$frac{6}{12}=frac{1}{2}$$ years => Simple interest = $$frac{P imes R imes T}{100}$$ => $$frac{x imes5 imes1}{2 imes100}=65.5$$ => $$frac{x}{40}=65.5$$ => $$x=40 imes65.5=Rs.$$ $$2620$$ => Ans - (B)
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