Question

1. In what time will 85000 amount to 157675 at 4% per annum?​

Answer 1

Answer:

Answer →

According to Simple interest the time period will be 19 years

Solution →

We know that simple interest is PRT/100

Here , Principal = P , Rate = R and Time = t

S.I = Amount - principal

S.I = 157675 - 85000

S.I = 72675

Now we have to find time so , applying formula of S.I we got -

\frac{s.i \times 100}{prt} = time

prt

s.i×100

=time

\frac{72675 \times 100}{382500}

382500

72675×100

\frac{72675}{3825}

3825

72675

So , Time → 19 years .

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