Question

if rs 6050 become rs7225.75 after some time at 6.5% p.a rate of interest, find the time. ​

Answer 1

Answer:

the time Is approximately 3 years

fix time=2.988 years

Step-by-step explanation:

so, principal money=6050rs

rate of interest =6.5% p.a.

and time=t years

so,interest=total money with interest -principle money

interest=7225.75-6050=1175.75rs

interest=ptr/100

interest =6050*t*6.5/100=1175.75

t=1175.75*100/6.5*6050

t=2.988(approximately)

so the time period is around 3 years

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