Question

find the time period for the following SI = 20,000, P = ₹1,00,000 R = 10 % p.a​

Answer 1

Given,

SI = 20000

P = ₹ 100000

R = 10 %

T = ?

$T \: = \frac{SI \times 100}{P×R}$

$\: \: \: \: = \frac{20000 \times 100}{100000 \times 10}$

$\: \: \: \: = 2 \: years$