Question

In how many years rs 150. will produce the same interest at the rate of 8% as rs 800 produce in 3 years. at the rate of 9 upon 2 %

Answer 1

Answer:

In how many years rs 150. will produce the same interest at the rate of 8% as rs 800 produce in 3 years. at the rate of 9 upon 2 %

Answer 2

Step-by-step explanation:

Given , P = 800

R = 9/2 = 9/2%

T = 3

Then, S.I. = (800 x 9/2 x 3/100) = 108.

Now, P = 150

S.I. = 108

R = 8%

T = (100 x 108)/(150 x 8) = 9 years.