Question

In how many years will rupees 1000 amounts to rupees 1300 at 6% per annum​

Answer 1

Answer:

si=Amt- principle

si=1300-1000=300

Now

si=P×R×T÷100

T=S.I×100÷P×R

T= 300×100÷1000×6

T=30000÷6000

T=5 yrs

Answer 2

Given :   Sum = Rs 1000  becomes Rs 1300 at 6 % per annum

To Find : in How many years

Solution:

Using SI ( Simple interest )

P = 1000 Rs

R = 6 % per annum

T = ?

A = 1300

SI = A - P  = 1300 - 1000 = 300

SI = P * R * T/100

=> 300 = 1000 x 6 x T /100

=> T = 5

in 5 years Rs 1000 Becomes Rs 1300 at 6% per annum

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