Question

Find the time by applying the formula.
() Rs 600 will give Rs 90 simple interest at 5% per annum

Answer 1

Answer:

3 years

Step-by-step explanation:

SI = PRT/100

OR

S. I. = P * R * T / 100

SI = 90

P= 600

R= 5%

T=??

90 = 600 * T * 5 / 100

T = 90 * 100 / 600 * 5

T = 90 / 30

T = 3 years