Question

find the time when rupees 1250 yields an internet of rupees 700 at the rate of 6% pa

Answer 1

Step-by-step explanation:

Given that,

P = ₹1250

R = 6%

S.I = ₹700

T = ?

since, S.I = P × R × T/100

₹700 = 1250 × 6 × T/ 100

₹ 700 = 75T

₹700/75 = T

8 = T

Ans. T = 8 years.