In how much time will the interest on Rs. 800 at 12.5% per annum be Rs. 125?
Answers
Answered by
41
Answer:
The time required for Rs. 800 to give interest of Rs. 125 is 1.25 year.
Step-by-step explanation:
The sum of money = Rs. 800
Rate of interest = 12.5 %
Interest on the money = Rs. 125
Following the formula of Simple Interest,
- Principle = Rs. 800
- Time = T
- Rate = 12.5 %
- Simple Interest = Rs. 125
Time = 1.25 year
Therefore, the time required for Rs. 800 to give interest of Rs. 125 is 1.25 year.
Answered by
14
Answer:
1.25years or 1year 3months
Step-by-step explanation:
Here,
Principle=P=800
Rate of Interest =R=12.5%
Interest=I=125
Time=T
We know that
Therefore Time required is 1.25years or 1year 3months.
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