in how many years does the sum of 1200 became 1800 at the rate of simple intrest of 5% per annum
ヘ( ̄ω ̄ヘ)ヘ( ̄ω ̄ヘ)
Nacho nacho xD
Answers
Answer:
In 10 years the sum of Rs 1200 became Rs 1800 at the rate of simple interest of 5% per annum.
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
∴ Time = 10 years
Answer:
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 x R x T)/100
600 = (1200 x 5 x T)/100
600 = 6000T/100
600 = 60T
T = 600/60
T = 10
.. Time = 10 years