Question

2. 10,000 at the rate of 10 p.c.p.a. simple interest becomes an amount of 13,000
in 3 years. In how many years will the same principal at the same rate amount to
14,500?
(1) 6 (2) 2 (3) 4 (4) 4.5​

Answer 1

Answer:

Copied text is stored in the clipboard for 1 hour.Press and hold an item to delete it.Press and hold an item to pin it.

Answer 2

Answer:

4.5 years

Step-by-step explanation:

P = 10,000

R = 10% p.a.

Amount = 14,500

To find, Time = T

SI = A - P = 14,500 - 10,000 = 4,500

SI = P×R×T/100

=> 10000 × 10 × T/100 = 4500

=> T×1000 = 4500

=> T = 4.5 years