Question

If P=Rs.280, Rate p.a.=10%, and S.I=Rs.14 , then time (T) = __________---
(a)1 year (b) 3 months (c)2 years (d) 6months

Answer 1

Answer:

Principal = Rs. 280

Rate=10%p.a.

SI=Rs.14

Time=SI×100/P×R

=14×100/280×10

=1400/2800

=14/28

= 2 years

Time = 2years