Question

In how many years will Rs 1250 amount to Rs 1950 at the interest rate of 8% per annum ?
​

Answer 1

Answer:

amount=rs 1950

principle=rs 1250

rate=8%

SI=amount-principle

=1950-1250

=Rs 700

TIME=700*100/1250*8

TIME=7 YEARS

Step-by-step explanation:

HOPE IT HELPS..........

PLS MARK AS BRAINLIEST

Answer 2

Rs 1250 will be Rs.1950 after 7 years at 8% per annum when simple interest is calculated.

Given:

• Amount 1250/- to Rs 1950/-
• Rate of interest 8% per annum.

To find:

• In how many years will the amount of 1250/- be 1950/-.

Solution:

Formula to be used:

Simple interest= PRT/100

Here,

P: Principal amount

R: Rate of interest

T: Time in years.

Step 1:

Find the amount of interest.

Subtract both principal amounts to find amount of interest gain.

Interest= 1950-1250

Interest =Rs 700/-

Step 2:

Put the values in the formula.

$700 = \frac{1250 \times 8 \times T}{100}$

or

$T = \frac{70000}{1250 \times 8}$

or

$T = \frac{7000}{1000}$

or

$\bf T = 7 \: years$

Thus,

Rs 1250 will be Rs.1950 after 7 years at 8% per annum when simple interest is calculated.

Learn more:

1) find the amount of 70000 for 2 year at the rate of 8 pcpa

https://brainly.in/question/16383877

2) What sum of money will earn Rs. 700/- as simple interest in 1 year at 5 % per annum?

https://brainly.in/question/48483858