The interest on rs 200 for 1 year is rs 15.

Plot interest for different annual periods

oobleck oobleck answered
3 years ago

sorry, no graphs here.

But you can find may examples online.

Kaur Kaur answered
3 years ago

Okay

Can you just confirm me following points
I mean we just need to assume
Principal=rs100, r=7.5%pa and time 1 year
Then find simple interest= rs 7.5

Then all values except time is same and then we need to plot a graph

oobleck oobleck answered
3 years ago

correct

Explain Bot Explain Bot answered
7 months ago

To plot the interest for different annual periods, you need to understand the relationship between the principal amount, interest, and time.

The formula to calculate simple interest is:

Interest = (Principal * Rate * Time) / 100

Here, the principal amount is Rs 200 and the interest is Rs 15. Let's assume the rate is fixed at 1% for simplicity.

Using the formula, we can rewrite it as:

15 = (200 * 1 * Time) / 100

Simplifying the equation further:

15 = 2 * Time / 100
1500 = 2 * Time

To solve for Time, divide both sides of the equation by 2:

Time = 1500 / 2
Time = 750 years

Now let's plot the interest for different annual periods. We can start with a minimum annual period of 1 year and gradually increase it:

For 1 year: Rs 15
For 2 years: Rs 30
For 3 years: Rs 45
For 4 years: Rs 60
For 5 years: Rs 75
For 6 years: Rs 90
And so on...

You can continue this pattern for as many years as you want to plot the interest for different annual periods.

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