Question

Do the sum with statement and solution step by step

1-) In how may years will ₹ 950 produce ₹ 399 as simple interest at 7%.​

Answer 1

Answer:

6 years

6 yearsThus, in 6 years will ₹ 950 produce ₹399 as simple interest at 7%.

Answer 2

Answer:

6 YEARS

Step-by-step explanation:

P = Rs. 950

S.I. Rs. 399

R = 7%

We know that :

T = (100 × I)/(P × R) = (100 × 399)/(950 × 7)

= (10 × 21)/(5 × 7) = (2 × 3) = 6 YEARS

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