Question

Find the simple interest and Amount of Principle = 4565, time=2 year 6 month , rate =4%​

Answer 1

Answer:

Find Time when, Principal = $ 1500; Interest = $ 450; Rate = 5% p.a.

Solution:

Principal = $ 1500,

Interest = $ 450,

Rate = 5% p.a.

Time = (100 × Interest)/(Principal × Rate)

= (100 × 450)/(1500 × 5)

= 45000/7500

= 6.

Step-by-step explanation:

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