Question

₹5000 earns ₹500 as simple interest at 10% find the time period​

Answer 1

Step-by-step explanation:

SI = P x R x T divided by 100

500 = 5000 x 500 × Time ÷ 100

so 500 = 25000 × TimeTime = 25000÷500

time is 50

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Answer 2

Given :

• Simple Interest (SI) = ₹500
• Principal (P) = ₹5000
• Rate (R) = 10% p.a

To Find :

• Time Period (T)

Solution :

⠀⠀⠀⠀⠀★ SI = P × R × T/100

⠀⟶⠀SI = P × R × T/100

⠀⟶⠀Time = SI × 100/P × R

⠀⟶⠀Time = 500 × 100/5000 × 10

⠀⟶⠀Time = 500/500

⠀⟶⠀Time = 1 year

⛬ Time Period is 1 year

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★ Additional Info :

• Simple Interest = P × R × T/100
• Principal = SI × 100/R × T
• Rate = SI × 100/P × T
• Time = SI × 100/P × R

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