Question

let us write ,by calculating the number of yrs for which the interest of Rs 600 at the rate of simple interest of 8% per annum will be Rs 168​

Answer 1

Answer:

3 years 6 months

Step-by-step explanation:

Simple Interest (SI) = Rs.168

Principal (P) = Rs.600

Rate (R) = 8% per annum

Let the Time be T.

SI = PRT/100

=> 168 = 600 × 8 × T/100

=> 168 = 48 × T

=> T = 3½ years