Question

in how much time will rs 1200 amount to rs 1762.50 at 12 1/2% p.a.?​

Answer 1

Answer:

Time required is 3.75 years

Step-by-step explanation:

Given : Principal P = 1200

            Amount = A = 1762.5

           Rate of Interest = 12 1/2 % = 12.5%

           Time = ?

Solution :

Simple interest I = PTR/100

                         T = I x 100/PR

                            = (A-P) x 100/PR            ∵ Amount = Principal + Interest

                            = (1762.5-1200) x 100/1200 x 12.5

                            = 3.75 years  

Answer 2

Answer:

3.75 years

it's correct