P=$12000,R=5%,I=6000,T=?
Answers
Answer :-
- The time is 10 years.
Given :-
- Principal = Rs 12000.
- Rate = 5%
- Interest = Rs 6000.
To find :-
- The time.
Step-by-step explanation :-
- In this question, the principal, rate and interest have been given to us. We have to find the time.
We know that :-
Here,
- Principal = Rs 12000.
- Rate = 5% per annum.
- Interest = Rs 6000.
- Let the time be t.
----------------
Multiplying 12000 with 5,
Multiplying 60000 with t,
Transposing 100 from RHS to LHS, changing it's sign,
Multiplying 6000 with 100,
Transposing 60000 from RHS to LHS, changing it's sign,
Dividing 600000 by 60000,
----------------
- Hence, the time is 10 years.
Given :
- Principal (P) = Rs 12000
- Rate (R) = 5%
- Simple Interest = Rs 6000
To Find :
- Time
Solution :
✰ As we know that, Simple Interest is given by SI = P × R × T / 100 ...(1) and we also know that if we want to find the time we will use the formula T = SI × 100 / P × R ...(2) where SI , P , R , T stands for Simple Interest, Principal , Rate and Time respectively. So we will simply put given values in the second formula to find the time.
⠀⠀⠀
⠀⠀⠀⟼⠀⠀SI = P × R × T / 100
⠀⠀⠀⟼⠀⠀T = SI × 100 / P × R
⠀⠀⠀⟼⠀⠀T = 6000 × 100 / 12000 × 5
⠀⠀⠀⟼⠀⠀T = 600 / 12 × 5
⠀⠀⠀⟼⠀⠀T = 600 / 60
⠀⠀⠀⟼⠀⠀T = 60 / 6
⠀⠀⠀⟼⠀⠀T = 10 years
Thus Time is 10 years.
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