Question

Calculate the number of years for which the interest of Rs 600 at the rate of simple

interest of 8% per annum will be Rs 168
​

Answer 1

Step-by-step explanation:

Time = T

Principal = 600

Rate = 8%p.a.

Simple Interest = 168

T = ( Simple Interest X 100 ) / ( P X R )

T = ( 168 X 100 ) / ( 600 X 8 )

T = 21/6 years

T = 3 years 6 months.

Answer 2

Required Answer:-

Given:

• Principal = ₹600.0/-
• Rate of Interest = 8%
• Simple Interest = ₹168.00/-

To find:

• The time period in years.

Solution:

We know that,

➡ S.I. = PRT/100

Where,

• P - Principal Amount.
• R - Rate of Interest per annum.
• T - Time Period and,
• SI - Simple Interest.

Putting the values, we get,

➡ 168 = 600 × 8 × T/100

➡ 168 = 6 × 8 × T

➡ T = 168/(6 × 8)

➡ T = 21/6 years

➡ T = 7/2 years

➡ T = 3½ years.

➡ T = 3years 6 months.

★ Hence, the time period is 3 years and 6 months.

Answer:

• Time - 3 years 6 months.