find the time when simple interest 2115 principles rupees 28,200 rate 9%
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Answer:
Step-by-step explanation:
Given that:-
Principle(P)=Rs. 28,200
Simple Interest(I)=Rs. 2115
Rate of Interest(R)=9%
Let time be T years
we know that
Simple Interest (I)=PTR/100
=>T=100×I/PR
=>T=(100×2115)/(28200×9)
=>T=2115/(282×9)
=>T=235/282
=>T=(47×5)/(47×6)
=>T=5/6 years
Required Time is 5/6 years
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