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 deposit that the amount

Answer 1

$(5400 \times 100) \div (15000 \times 9) =$
4 years

Answer 2

Principle=Rs15000
Rate=9%
SI=Rs5400
Therefore,Time= (100×SI)/(P×R)
=540000/135000
=4 years..