Question

Mahi deposited rupees 10,000 in a bank and got rupees 750 as interest. If the bank pays 5% per annum as interest, for how long did she deposit the money? ​

Answer 1

Answer:

T=SIx100

PxR

=750*100

5*10, 000

=3

2

Answer 2

Answer:

for 1.5 year

Given:-

• mahi deposited ( principle) = 10000
• interest =750
• rate = 5%
• time =?

To find:-

• how long did she deposit the money

Solution:-

here,

we will find throght simple interest

$s.i = \frac{p \times r \times t}{100} \\ \\ 750 = \frac{10000 \times 5 \times t}{100} \\ \\ 750 = 500 \times t \\ \\ t = \frac{750}{500} \\ \\ t = 1.5$

hence

she deposited for one year and 6 month

$1 \frac{1}{2}$