Question

In how many years , ₹150 will produce the same simple interest at 6% as ₹800 produce in 2 years at 4½% ?





Guys please explain with steps... Please​

Answer 1

Answer:

It will take 8 years to generate the same amount of interest

Step-by-step explanation:

You have to do the second part of the question first

So,

P= 800 rupees

R=4.5%

T=2 years

I= PRT/100

= 800x4.5x2/100

=7200/100

= 72 rupees as interest in 2 years

Next part is

P= 150 rupees

R= 6%

I= 72 rupees

T= I x 100/PxR

=72x100/150x6

=7200/900

=8 years