.5.In what time will Rs. 25 become Rs. 37 at % p.a. simple interest?
a) 1/2 Years
b) 2 Years
c) 2 1/4 Years
d) 2 1/2 Years
e) 3 Years
Answers
Answered by
8
Answer:
c ok think it is correct
Answered by
13
Complete question:
In what time will Rs. 25 become Rs. 37 at 16% p.a. simple interest?
Answer:
The time taken is e) 3 years.
Given:
Principal = Rs. 25
Amount = Rs. 37
Explanation:
The simple interest = Rs. 37 - Rs. 25 = Rs. 12
The simple interest is given by the formula:
S.I = (P × R × T)/100
On substituting the values, we get,
12 = 25/100 × 16 × T
12 = 4 × T
T = 12/4
∴ T = 3 years
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