Question

3. In how many years will the simple interest on
3750 be one-fifth of itself if rate of interest is
5% p.a.?​

Answer 1

Step-by-step explanation:

Answer

SI=

5

P

,t=4

SI=

100

Prt

5

P

=

100

4Pr

⟹r=5%

Now, when t=15

SI=

100

3750×5×15

=Rs.2812.5=

4

3

(3750)

⟹SI=

4

3

P