36) How much time will it take for an amount of Rs. 500 to yield Rs. 82 as interest
at 5% per annum of simple interest?
3.28
3.6
3.18
3.46
Answers
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0
Answer:
3.28
Step-by-step explanation:
Principal (P) = Rs.500
Simple Interest (SI) = Rs.82
Rate (R) = 5%
Let the time be T.
SI = PRT/100
=> 82 = 500 × 5 × T/100
=> 82/25 = T
=> T = 3.28
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