Question

calculate the time period on 6000 to make Rs.8250 at an interest of 15% quarterly​

Answer 1

Answer:

Step-by-step explanation:

given,

P=6000

N=?

R=15% FOR 3 MONTHS

=15 * 4

=60% FOR YEAR

SI=8250

NOW,

SI = P*N*R/100

N =SI*100/P*R

N =8250*100/6000*60

N =2.29

therefore given is for 3 months and we calculated for 1 year

N = 2.29*15

N = 6.5 = 6 months 5 days