Question

) In what time will Rs 85000 amount to be Rs 157675 at 4.5 % per annum.​

Answer 1

Answer:

Refer attachment

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Answer 2

Answer:

According to Simple interest the time period will be 19 years.

Solution:

We know that simple interest is PRT/100

Here, Principal = P , Rate = R and Time = t

S.I = Amount - principal

S.I = 157675 - 85000

S.I = 72675

Now we have to find time so , applying formula of S.I we got -

$\frac{s.i\times100}{prt} =time$

$\frac{72675\times100}{382500}$

$\frac{72675}{3825}$

So, Time=19 years.

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