Question

a. In what time will * 7600 amount to +8625. if simple interest ia reckoned at 75per annum?
8625, 7
in what time will 3600 amount to 4920 at an​

Answer 1

Step-by-step explanation:

The amount is given as Rs8625 and the principle is given as Rs7500 with the rate of

2

15

%. Then, the simple interest will be,

S.I.=Amount−Principle

=8625−7500

=1125

Now,

S.I.=

100

P×R×T

1125= 2×100

7500×15×T

T= 7500×15

1125×200

T=2years