Question

In what time will 7500 amount to * 8625, if simple interest is reckoned at 75% per annum?​

Answer 1

amount= 8625

principle= 7500

rate= 15/2%

si=a-p=1125

si =p×r×t/100

1125=7500×t×15/200

5×225 =5×15×15×t/2

t=2 years