Question

- 500000 w reach to Rs 1250000 at the rate of 10% interest in how many years​

Answer 1

Explanation:

Formula - S.I = P*R*T /100

Answer 2

Given:

Principal (P) = ₹500000

Amount (A) = ₹1250000

Rate (R) = 10%

To find:

Time (T)

Solution:

Formulas used:

SI = A - P

SI = P × T × R / 100

SI = A - P

SI =  ₹1250000 - ₹500000

SI = ₹750000

SI = P × T × R / 100

₹750000 = ₹500000 × T × 10 / 100

T = (750000 × 100) / (500000 × 10)

T = 15 years

Therefore, time required is 15 years.