In what time will the simple interest on rs 7560 be rs 1102.50 at 25 by4% per annum
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Answered by
1
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
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