in what time will rs 8500 amount to rupees 15385 at the interest rate 9%per annum
Answers
Answered by
57
Answer:
here's your answer, grab it
Step-by-step explanation:
GIVEN -
PRINCIPAL = 8500
AMOUNT = 15385
RATE OF INTEREST = 9%
TIME = T
let's calculate the simple interest on the amount.
Amount - principal = SI
15385 - 8500 = 6885
FORMULA -
now apply the formula
6885 = (8500 * 9 * T)/100
T = 9
therefore the time is equal to 9 years.
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Answered by
36
Step-by-step explanation:
- principal =8500
- amount = 15385
- rate of interest = 9 %
- time = ? let, T
interest = amount - principal
interest = 15385-8500
I =6885.
SI = P * R * T /100
6885 = 8500*9* T /100
6885 = 85*9 *T
6885= 765*T
T = 6885/765
so, time will =9 year
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