Question

Fine Time when Principal =Rs. 3500,Interest=Rs.700,Rate=4%p.a.​

Answer 1

Answer:

$\sf\frac{3500 \times 4 \times t}{100} = 700$

$\to \sf\frac{3500 \times 4 \times t}{100} = 700$

$\sf \to35 \times 4 \times t = 700$

$\sf \to140t = 700$

$\sf \to t = \frac{70 \not0}{14 \not0}$

$\sf \to t = 5 \: years$

$\sf{ \boxed{ \boxed{ \sf{{{S.I = \frac{P \times R \times T}{100} }}}}}}$

$\sf{ \boxed{ \boxed{ \sf{{{S.I = \frac{PRT}{100} }}}}}}$

Where:-

P = Principle (in rupees)

R = Rate of interest

T = Time