In what time will Rs. 8500 amounts to Rs.15385 at the interest rate of 9% per annum.
Answers
Answered by
3
Answer:
Answer =9 years
Step-by-step explanation:
Principal Amount =Rs 8500
Rate of Interest =9%
Simple Interest =15385-8500 =6885
Let time be x
SI=PRT/100
6885=P×R×T/100
6885=8500×9×x/100
6885×100=8500×9×x
688500=8500×9×x
688500÷8500=9×x
81=9×x
81÷9=x
9=x
Answer =9 years
Similar questions