Find the time when
Principal = Rs 9540, SI=Rs 1908.
and Rate = 6% p.a.
Answers
Answered by
8
Answer:
- Time period = 3 years and 4 months
Step-by-step explanation:
Given that:
- Principal = Rs 9540
- Simple Interest = Rs 1908
- Rate of Interest = 6% per annum
To Find:
- Time period.
Formula used:
- S.I. = (P × R × T)/100
Where,
- Simple Interest = S.I.
- Principal = P
- Rate of Interest = R
- Time period = T
Finding the time period:
⇒ S.I. = (P × R × T)/100
- Substituting the values.
⇒ 1908 = (9540 × 6 × T)/100
⇒ 9540 × 6 × T = 1908 × 100
⇒ T = (1908 × 100)/(9540 × 6)
⇒ T = 10/3
∴ Time period = 10/3 years
Converting 10/3 years into months:
- 1 year = 12 months
- 10/3 years = (12 × 10)/3 months
- 10/3 years = 40 months
- 10/3 years = 3 years and 4 months
Answered by
155
Answer:
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
✒ Finding Time by using S.I Formula.
So,
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
✒ Coverting 10/3 into moths
As we know that 1 year = 12 months
So,
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
✒ Converting 40 months into years
we know that 12 = 1 years
So,
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
↝ The time period is 3 years 4 months.
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