Question

In how many years does a sum of rs. 5000 yield a simple interest of rs. 16500 at 15% p.A.?

Answer 1

Answer:

I= 16500

P= 5000

R=15%

T=?

I= PRT÷100

16500= 5000*15*T÷100

T= 16500*100÷5000

T= 330 years

Answer 2

Step-by-step explanation:

i=16500

p=5000

r=15%

t=?

i=prt/100

16500=5000*15*t/100

t=16500*100/75000

=22

Time period=22years.