Question

In what time will rupees 1860 amount to rupees 2278.50 if simple interest is calculated at at 9% per annum ​

Answer 1

Amount = 1860

SI = 2270.50-1860 = 410.50

Rate = 9% pa

Time =

$\frac{ si \times 100}{a \times r} \\ \frac{410.5 \times 100}{1860 \times 9} \\ \frac{410.5 \times 10}{186 \times 9} \\ \frac{4105}{1674} \\ 2.473$

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