Question

In how many years will Rs 7500 amount to Rs 11100 at 12% per annum?​

Answer 1

Answer:

Find 12% of Rs 7500 for understanding the correct answer

$\frac{12}{100} \times 7500 \\ \frac{12}{1} \times 75 \\ = 900$

that is 12% of 7500 = 900

11100-7500=3600

$\frac{3600}{900} = \frac{36}{9} \\ = 4$

therefore it will take 4 years to reach 11100 from 7500 at 12% per annum

Answer 2

Answer:

l

as 1 year amount is 7500 n 12% intrest

=7500 ×12%

=900

therefore = 7500+900= 8400

mulyiply with 4 yeas of interest

=7500 x 48%

=3600

therefore =7500+3600=11100