LO. Find Time when
(1) Principal = Rs. 6000, S.I. = Rs. 1052 and Rate = 8% p.a.
(ii) Principal = Rs. 4000, Amount = Rs. 5450 and Rate = 12% p.a.
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0
Answer:
SI=P×R×T
1052=6000×8×T
T=1052/6000×8
T=0.21years
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6
1) Time = 2.19 year
2) Time = 3.02 year
Step-by-step explanation:
(1) Principal = Rs. 6000, S.I. = Rs. 1052 and Rate = 8% p.a.
We know that,
Simple Interest = ( Principal × Rate × Time ) / 100
1052 = ( 6000 × 8 × Time ) / 100
Time = ( 1052 × 100 ) / ( 6000 × 8 )
Time = 105200 / 48000
Time = 2.19
Time = 2.19 year
___________________________
2) Principal = Rs. 4000, Amount = Rs. 5450 and Rate = 12% p.a.
We know that,
Simple Interest = Amount - Principal
Simple Interest = 5450 - 4000
Simple Interest = 1450
Simple Interest = ₹1450
We know that,
Simple Interest = ( Principal × Rate × Time ) / 100
1450 = ( 4000 × 12 × Time ) / 100
Time = ( 1450 × 100 ) / ( 4000 × 12 )
Time = 145000 / 48000
Time = 3.02
Time = 3.02 year
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