Question

find the time when 6540amounts to 8447.50 at 25/2 per annum​

Answer 1

2.33 years

Step-by-step explanation:

Principal = 6540

Amount = 8447.50

Rate = 12 (1/2) = 25/2%

SI = Amount-Principal

=> 8447.50-6540

=> 1907.5

Time = SI×100

P×R

=> 1907.5×100×2

6540×2

=> 381500

163500

=> 2.33 years