Question

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​

Answer 1

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