Question

In how many years will the sum Rs1500 amount to Rs 1770 at the rate of 6% p.a.?


please help

Answer 1

Answer


Principal= Rs 1500

Amount. = Rs 1770


*FORMULA USED*


S.I = A- P

=>

S.I = 1770-1500

=270 Rs


rate =6%

$s.i = \frac{p \times r \times t}{100}$

$= > t = \frac{100 \times s.i}{p \times r}$



$= > t = \frac{100 \times 270}{1500 \times 6}$


$= > t = \frac{27000}{9000}$


$t = 3 \: years$




Hence .

time is 3 years