in how much time will be 2500600 amount to ₹35664. when money is worth 9 1by5 per annum .simple interest
Answers
In this question,
It is given that,
Principal (P) = Rs. 25600
Amount (A) = Rs. 35664
Rate (R) = 37/4 % p.a.
Time (N) =?
Now,
S.I = A-P
=> S.I = Rs (35664-25600)
=> S.I = Rs. 10064
Now,
S.I = PRN/100
=> S.I x 100/ PR = N
or,
=> N = S.I x 100/PR
=> N = 10064 x 100/ 25600 x 37/4
=> N = 10064 x 100 x 4/ 25600 x 37
=> N = (4025600/947200) Years
=> N = 4.25 Years
hope it helps you...
Answer:
In this question,
It is given that,
Principal (P) = Rs. 25600
Amount (A) = Rs. 35664
Rate (R) = 37/4 % p.a.
Time (N) =?
Now,
S.I = A-P
=> S.I = Rs (35664-25600)
=> S.I = Rs. 10064
Now,
S.I = PRN/100
=> S.I x 100/ PR = N
or,
=> N = S.I x 100/PR
=> N = 10064 x 100/ 25600 x 37/4
=> N = 10064 x 100 x 4/ 25600 x 37
=> N = (4025600/947200) Years
=> N = 4.25 Years
Step-by-step explanation: