Question

Find the Time

⠀• Principle - 12000
⠀• Simple interest - ₹350
⠀• Rate - 6%​

Answer 1

Answer:

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Answer 2

Answer :

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• The required time = 0.48 years.

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Step-by-step explanation :

We are given with the principal, simple interest and rate, that is,

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• Principal, P = 12000.

• Simple interest, S.I = ₹350.

• Rate, R = 6% per annum.

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We need to find the required time.

⠀_________________________

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We know that, if we are given with principal, simple interest and rate then we have required formula, that is,

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$\sf{:\implies T = \dfrac{S.I}{P \times R} \times 100}$

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By using the formula to calculate the time and substituting all the given values in the formula, we get :

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$\sf{:\implies T = \dfrac{350}{12000 \times 6} \times 100}$

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$\sf{:\implies T = \dfrac{350}{120 \cancel{00} \times 6} \times 1 \cancel{00}}$

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$\sf{:\implies T = \dfrac{35 \cancel{0}}{12 \cancel{0} \times 6} \times 1}$

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$\sf{:\implies T = \dfrac{35}{12 \times 6} \times 1}$

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$\sf{:\implies T = \dfrac{35}{72} \times 1}$

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$\sf{:\implies T = \cancel{\dfrac{35}{72}}}$

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$\sf{:\implies \boxed{ \frak{ \pink{T = 0.48}}}}$

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$\therefore \underline{\textsf{The \: required \: time \: is\textsf{ \textbf{0.48 years.}}}}$