Math, asked by noelRohith7814, 10 months ago

In what time will ₹7500 amount to ₹8625, if simple interest is reckoned at 7 1/2 percent per annum

Answers

Answered by mehulinnovation

0

Answer:

a) 20 years

Step-by-step explanation:

Formula : Time = Simple Interest x 100/ Principal x rate

Simple interest = amount - principle

= rs 8625 - rs 7500 = 1125

Time = 1125 x 100 / 7500 x 75/10 = 11250/75 x 75 = 20

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