Question

Angela deposited 15000 rupees in a bank at a rate of 9 p.c.p.a. She got simple interest
amounting to 5400 rupees. For how many years had she deposited the amount?​

Answer 1

ANSWER:-

$principle = 15000 \\ rate = 9\%p.a \\ interest = 5400$

WE KNOW THAT:-

$interest = \frac{s \times t \times r}{100}$

$time = \frac{interest \times 100}{s \times rate}$

$time = \frac{5400 \times 100}{15000 \times 9}$

$time = 4years$

SHE DEPOSIT THE AMOUNT IN 4 YEARS.

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