Question

In what time * 4250 amounts to 5610 at
the rate 8 % per annum? INV 2014)
(2) 5 y
96
which is the rate of interest for 2500 at​

Answer 1

Answer:

$Principal = ₹ \: 4250 \\ Amount = ₹ \: 5610 \\ \\ Simple \: Interest = Amount - Principal \\ = 5610 - 4250 \\ = 1360 \\ \\ Rate \: of \: Interest = 8\% \\ \\ Time = \frac{Simple \: Interest}{Rate \: of \: Interest \times Principal} \\ = \frac{1360}{ \frac{8}{100} \times 4250 } \\ = \frac{1360 \times 100}{8 \times 4250} \\ = 4 \: Years$