Question

Find time when
Principal = Rs. 9540 , SI = Rs. 1908 and rate = 6 % p.a..

Answer 1

P=Rs9540SI=Rs1908R=8%

⇒T=

P×R

SI×100

=

9540×8

1908×100

=2.5years

Amount =P+SI=Rs 1448

Answer 2

1908 and rate =8 percent p. a. Time taken is 2.5 years (2 years 6 months) It is given that, Principal amount (P) = Rs 9540. Rate % (R) = 8% per annum.