Question

11) In what time , the simple interest on Rs.7560 be Rs.1134 at 3% per
annum.
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Answer 1

Step-by-step explanation:

Given,

Principle (p) = Rs.7560

S.I. = Rs.1134

Rate of interest (r) = 3%p.a.

We know, S.I = p*r*t/100

Therefore, 1134 = 7560*3*t/100

=t = 1134*100/7560*3

=t (Time)= 5 (Ans).

Here is your answer. Hope it helps!