In how many years will 4800 amount to 7176 at 9%per annum. Lesson.simple interest.
Answers
The time in which Rs. 4800 will Amount to Rs. 7176 at the rate 9% is 5.5 years.
Given :
Money = Rs. 4800
Amounts to = Rs. 7176
Rate % = 9%
To Find :
Time in Rs. 4800 will Amount to Rs. 7176
Solution :
Here,
Principal = Rs. 4800
Amount = Rs. 7176
Rate = 9%
Simple Interest =
★
Simple Interest = Rs. 2376
Consider time as T
★
Time = 5.5 years
The time in which Rs. 4800 will Amount to Rs. 7176 at the rate 9% is 5.5 years.
The time in which Rs. 4800 will Amount to Rs. 7176 at the rate 9% is 5.5 years.
Solution :-
Principal = Rs. 4800
Amount = Rs. 7176
Rate = 9 %
Time = ?
As we know that,
Amount = Principal + S. I.
Rs. 7176 = Rs. 4800 + S. I.
S. I. = Rs. 7176 - Rs. 4800
S. I. = Rs. 2376
According To The Question,
S. I. = P × R × T / 100
→ 2376 = 4800 × 9 × T / 100
→ 2376 = 48 × 9 × T
→ 2376 / 432 = T
→ 5.5 Year = T
Time = 5.5 Years
_______________________________
Verification :-
S. I. = P × R × T / 100
→ 2376 = 4800 × 9 × 5.5 / 100
→ 2376 = 48 × 9 × 5.5
→ 2376 = 2376