on what date will Rs.1,950 lent on 5th January, 2011 amount to Rs. 2125.50 at 5% per annum simple interest?
Answers
Answered by
1
A = 2125.5, P= 1950 S.I. = A- P= 2125.5-1950 = 175.5
S.I. =P*R*T/100
175.5 = 1950*5*z/100
17550 = 1950*5*z
17550 = 9750*z
17550/9750 = z
1.8 (approx. - 2 )= z
Therefore the answer is 7th January, 2011
S.I. =P*R*T/100
175.5 = 1950*5*z/100
17550 = 1950*5*z
17550 = 9750*z
17550/9750 = z
1.8 (approx. - 2 )= z
Therefore the answer is 7th January, 2011
Similar questions