Question

Find the time when:Principal = Rs.6000, Total Amount = Rs.9000 and rate = 10% per annum.


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Answer 1

Answer:

as,A = P + SI

or, SI = A - P

or, SI = ₹(9000-6000) = ₹ 3,000

r = 20% pa

Now, SI = (P×r×t)/100

or, 3000 = (6000×10×t)/100

or, t = (3000×100)/6000×10

or, t = 5 yrs