Question

after jow much time will ₹8400 yeild an interest ₹2520 at 15%p.a.

Answer 1

Let the time be T

SI= PRT/100

-> 2520 = 8400×T×15/100

-> T= (2520×100)/(8400×15)

-> T= 2

THEREFORE 2 YEARS WILL YIELD AN INTEREST OF Rs. 2520

Answer 2

It will take 2 years for ₹8400 yeild an interest ₹2520 at 15%p.a.

Step-by-step explanation:

Principal = 8400

Interest = 2520

Rate of interest = 15 %

Formula : $Si= \frac{P \times T \times R}{100}$

Substitute the values in the formula :

$2520 =\frac{8400 \times 15 \times T}{100}\\\frac{2520 \times 100}{8400 \times 15}= T\\2 = T$

Hence It will take 2 years for ₹8400 yeild an interest ₹2520 at 15%p.a.

#learn more :

How much time it will take for an amount of rs 900 to yeild rs 81 as interest at 4.5% per annum of simple interest?

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