Question

In what time will the simple interest on 7560 be *1102.50 at 61/4% per annum?​

Answer 1

Answer:

Here is your answer

P = Rs 7560

SI = Rs 1102.50

T = ?

R = 25/4%p.a

As we know the formula

T = SI x 100 /Px R

\begin{gathered} = \frac{1102.50 \times 100 }{7560 \times \frac{25}{4} } \\ = \frac{1102.50 \times 4}{1890} \\ = \frac{7}{3} \\ = 2 \frac{1}{3} years \\ = 2 \: years \: 4 \: months\end{gathered}

=

7560×

4

25

1102.50×100

=

1890

1102.50×4

=

3

7

=2

3

1

years

=2years4months

Hope it helps you