Question

find the time in which ₹ 1250 amounts to ₹1950 at 14%p.a?

Answer 1

Answer:

principal=1250

amount=1950

rate=14%p.a.

S.I.=amount - principal

S.I.=1950-1250=700

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

100*700/1250*14

4 years (Answer)

Answer 2

Answer:

11 months approx

Step-by-step explanation:

use the simple interest formula

a=prt÷100

here,

p=1250

r=14

a=1950

therefore,

1950=1250*14*t ÷ 100

19500=1750*t

t=11.14 months

therefore it will take 11 months approx