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:-

P=Rs.800,R=4

2

1

%p.a.,T=3 years

∴S.I.=Rs.

2×100

800×9×3

=Rs.108

Now, S.I.=Rs.108,P=Rs.150,R=8%p.a.

Time=

P×Rate

S.I×100

∴Time=(

150×8

108×100

)years=9 years.

hopefully it helps