after how meny years will sum of 4500 become 6750 at the rate of 12.5% per annum
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Here, simple interest=6750-4500=2250
Hence as per question,
PTR/100=2250
or,4500×t×125/1000=2250
or,time=2250×1000/4500×125=50×2/25=4years
Hence as per question,
PTR/100=2250
or,4500×t×125/1000=2250
or,time=2250×1000/4500×125=50×2/25=4years
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