in what time will rupees 85000 amount to rupees 157675 at 4 1/2 %per annum
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Answered by
4
Answer:
principal given= Rs 85000
Amount given= Rs 157675
Interest. = Principal - Amount
= 157675-85000
= 72675
Rate= 4.5 %
Time= SI*100/P*R
72675*100/85000*4.5
19 Years
Answered by
1
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
SI*100/PRT=TIME
72675*100/382500=19
So , Time → 19 years .
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