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?
Answers
Answered by
17
The answer is given below :
Sum = Rs 15000
Rate = 9% p.a.
Interest = Rs 5400
We know that,
Interest = (Sum × Time × Rate)/100
=> Time = (Interest × 100)/(Sum × Rate)
=> Time = (5400 × 100)/(15000 × 9)
=> Time = 4
Therefore, the money was deposited for 4 years.
Thank you for your question.
Sum = Rs 15000
Rate = 9% p.a.
Interest = Rs 5400
We know that,
Interest = (Sum × Time × Rate)/100
=> Time = (Interest × 100)/(Sum × Rate)
=> Time = (5400 × 100)/(15000 × 9)
=> Time = 4
Therefore, the money was deposited for 4 years.
Thank you for your question.
Answered by
6
Isnt is simply 5400 divide by 9
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