Find T= ?, if P= ₹600, A=₹850, R=3%.
I need step by step explanation. please ans fast
Answers
Let the time be x
formula of simple intrest =
so ,
what is the meaning of A=850
Solution:-
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❍ Here, the question has given us the principal, amount and rate of interest. Now, the question has asked us to find out the time. So, to find the time first of all we will find the simple interest by subtracting the principal from the amount then we will simply apply the formula of time and can easily get the time.
ANSWER:-
⇒ Time is 13.8 years.
GIVEN:-
⇒ Principal = ₹ 600
⇒ Amount = ₹ 850
⇒ Rate = 3%
TO FIND:-
⇒ Time = ?
FORMULA:-
⇒ Time = (100 × Interest)/(P × R)
SOLVING BY APPLYING THE FORMULA:-
⇒ Principal = ₹ 600
⇒ Amount = ₹ 850
⇒ Rate = 3%
⇒ Time = (100 × Interest)/(P × R)
- Finding the simple interest:-
➭ Simple Interest = Amount - Principal
➭ Simple Interest = ₹ 850 - ₹ 600
➭ Simple Interest = ₹ 850 - ₹ 600 = ₹ 250
➭ Simple Interest = ₹ 250
The interest is of Rs. 250.
- Finding the time:-
➭ Time = 100 × 250 / 600 × 3
➭ Time = 25,000 / 1,800
➭ Time = 25,000 / 1,800 = 13.8
➭ Time = 13.8 years
Time is 13.8 years.
- S. I = (P × R× T)/100
- Rate = (100 × S.I)/(P × T)
- Amount = P + S.I
- Time = (100 × Interest)/(P × R)
- Principal = 100×Amount/100+(R×T)
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