Find the time when Rs 1250 amount to Rs 1950 at 16% per annum.
Answers
Answered by
81
Hey...!!!
Amount = Rs 1950
Principal = Rs 1250
Rate = 16%
S.I = amount - principal
= 1950 - 1250
= Rs 700
So, Time = S.I x 100 / P x R
= 700 x 100/ 1250 x 16
= 3.5 years
Amount = Rs 1950
Principal = Rs 1250
Rate = 16%
S.I = amount - principal
= 1950 - 1250
= Rs 700
So, Time = S.I x 100 / P x R
= 700 x 100/ 1250 x 16
= 3.5 years
Answered by
14
Time is 3.5 year
Step-by-step explanation:
Given,
Amount, P = 1250
Principal, A= 1950
Rate,R = 16 %
S.I. = A - P
= 1950 - 1250
= Rs700/-
Simple interest =
T =
T =
T =
T= 3.5 year
Time is 3.5 year
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