In how many days the interest on Rs.1500 be Rs.16.50 at 5.5% ?
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Heya !!!
This is your answer....
Given :-
SI = Rs. 16.50
Principal = Rs. 1500
Rate = 5.5 %
We know that
SI = [P×R×T]/100.
T = [P×R]/[SI×100]
T = [1500×5.5]/[16.50×100]
T = [15×5.5]/16.50
T = 82.5/16.50
T = 5.
Hence. time Will be 5 years.
Hope it helps
This is your answer....
Given :-
SI = Rs. 16.50
Principal = Rs. 1500
Rate = 5.5 %
We know that
SI = [P×R×T]/100.
T = [P×R]/[SI×100]
T = [1500×5.5]/[16.50×100]
T = [15×5.5]/16.50
T = 82.5/16.50
T = 5.
Hence. time Will be 5 years.
Hope it helps
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