in what time will Rs 85000 amount to Rs 157675 at 4.5 percent per annum
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Answer:
let me try
Step-by-step explanation:
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 \times 100}{prt} = time
prt
s.i×100
=time
\frac{72675 \times 100}{382500}
382500
72675×100
\frac{72675}{3825}
3825
72675
So , Time → 19 years . hope it helps
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