Question

In how many years, the simple interest on ` 12,500 at 6.5 % rate of interest p.a. will be ` 3,250?​

Answer 1

Answer:

Formula For Simple Intrest P*R*T/100

Step-by-step explanation:

Let the years be x

And simple interest be 3250 So

3250 = 12500*6.5*x/100 [zeros will be cut]

3250 = 125*6.5*x

3250 = 812.5*x

3250/812.5=x

4=x

So,

Ans = In 4 years