how long it take for a sum of rs.12600 invested at 9% per annum simple interest to amount to 16002?
Answers
Answer:
given data.
given data.principle P= rupees 12600
given data.principle P= rupees 12600rate of interest per annum R = 9%
given data.principle P= rupees 12600rate of interest per annum R = 9%amount= rupees 16002
given data.principle P= rupees 12600rate of interest per annum R = 9%amount= rupees 16002therefore
given data.principle P= rupees 12600rate of interest per annum R = 9%amount= rupees 16002thereforeSI = Amount–principle
given data.principle P= rupees 12600rate of interest per annum R = 9%amount= rupees 16002thereforeSI = Amount–principleSI= 16002 - 12600
given data.principle P= rupees 12600rate of interest per annum R = 9%amount= rupees 16002thereforeSI = Amount–principleSI= 16002 - 12600SI=3402
given data.principle P= rupees 12600rate of interest per annum R = 9%amount= rupees 16002thereforeSI = Amount–principleSI= 16002 - 12600SI=3402so
given data.principle P= rupees 12600rate of interest per annum R = 9%amount= rupees 16002thereforeSI = Amount–principleSI= 16002 - 12600SI=3402soSI = PRT/100
given data.principle P= rupees 12600rate of interest per annum R = 9%amount= rupees 16002thereforeSI = Amount–principleSI= 16002 - 12600SI=3402soSI = PRT/100time T=SI×100/PR
given data.principle P= rupees 12600rate of interest per annum R = 9%amount= rupees 16002thereforeSI = Amount–principleSI= 16002 - 12600SI=3402soSI = PRT/100time T=SI×100/PR T=3402×100/(12600×9)
given data.principle P= rupees 12600rate of interest per annum R = 9%amount= rupees 16002thereforeSI = Amount–principleSI= 16002 - 12600SI=3402soSI = PRT/100time T=SI×100/PR T=3402×100/(12600×9) T= 3 years
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Explanation:-
Given :
Principal = Rs. 12600
Rate = 9% per annum
Amount = Rs. 16002
To find :
The time it will take.
Solution :
We know that,
Interest = (Amount - Principal)
= Rs.(16002 - 12600)
= Rs. 3402
Therefore, The interest is Rs.3402
Let the time taken be T
Now, We know that :-
Hence, the time it will take is 3 years respectively.