Question

in how many years will the interest of sum of Rs 3600 at the rate of 5.5 % per year BE Rs 594​

Answer 1

Answer:

3 years

Step-by-step explanation:

T=S.I ×100 / p × r

T = 594 × 100 / 3600 × 5.5

T = 3 years.

Answer 2

Time = 3 years

Step-by-step explanation:

GIVEN

Principal = 3600

Rate Of Interest = 5.5% per year

Simple Interest

Time = ?

___________________________

We know that,

Simple Interest = (principal × rate of interest × time) / 100

Simple Interest = 3600 × 5.5 × time / 100

Time = 594 × 100 / 3600 × 5.5

Time = 59,400 / 19,800

Time = 3 years

Time = 3 years