Question

₹6540 amounts to ₹8447.50 at 12.5 p.a.

Answer 1

S.I = A - P
S.I = 8447.50 - 6540
S.I = ₹1907.50

T = S.I × 100/ P × R
T = 1907.5 × 100/ 6540 × 12.5
$t = 2 \frac{3}{10} years$