in how many years the sum of rupees 1200 become rupees 1800 at the rate of simple intrest of 5% per annum
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Using .. SI = Amount - Principle
⠀⠀⠀⠀= 1800 - 1200
⠀⠀⠀⠀= 600
now using .. SI = P × R × T / 100
( P = Principle , R = Rate , T = Time )
= 600 = 1200 × 5 × T / 100
600 = 12 × 5 × T
600 = 60 × T
T = 600 / 60
T = 10 .
Therefore in 10 years the sum of rupees 1200 becomes rupees 1800 at the rate of SI which is 5% / annum.
hope it helps you..
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