in how many year does the sum of 1200 rupes become 1800 rupes at the rate of simpal interest of 5%per annum
Answers
Answered by
2
Answer:
10 years
Step-by-step explanation:
P=1200 Rs, A= 1800Rs, R=5p.c.p.a To find: N(no. of yrs) I= A-P = 1800-1200=600rs . I =P×R×N/100 600= 1200× 5× N / 100 , 600= 60N ,N= 600/ 60= 10 years
Answered by
1
Step-by-step explanation:
Given that:
- Sum = Rs 1200
- Amount = Rs 1800
- Rate of interest = 5% per annum
To Find:
- Time
Formula used:
- SI = A - P
- SI = (P × R × T)/100
Where,
- SI = Simple interest
- A = Amount
- P = Sum/Principal
- R = Rate of interest
- T = Time
First we have to find simple interest:
⇒ SI = A - P
⇒ SI = Rs 1800 - Rs 1200
⇒ SI = Rs 600
∴ Simple interest = Rs 600
Now finding the time:
⇒ SI = (P × R × T)/100
⇒ 600 = (1200 × 5 × T)/100
⇒ 600 = 6000T/100
⇒ 600 = 60T
⇒ T = 600/60
⇒ T = 10
Similar questions