Question

In what time will Rs 100000 amount to Rs 150000 at 10% p.a simple interest

Answer 1

Step-by-step explanation:

p= 10,000

R = 10 %

S.i = 15,000

T = ?

Now,

S.i = (P×T×R)/100

15000= (10000×T×10)/100

15000×100 = 10000×10×T

T = 15000×100) / 10000×10

:• T= 15 years