Question

at what time will rs 7500 amount to rs 8625,if simple interest is reckoned at 15/2% per annum?

Answer 1

amount= 8625
principle= 7500
rate= 15/2%
si=a-p=1125
si =p×r×t/100
1125=7500×t×15/200
5×225 =5×15×15×t/2
t=2 years

Answer 2

hi I am Roopesh Patel

and I think the according to me the answer should be 2 years