Question

P=850 R=6% SI=178.50 find Time Period and Amount​

Answer 1

Answer:

✮Given:

Principal (P) = ₹850

Rate(R) = 6%

Simple Interest(S.I) = ₹178.50

✮Solution:

$⇒ Time = \frac{I×100}{P×R} \\ \\ ⇒ Time = \frac{178.50 \times 100}{850 \times 6} \\ \\ ⇒ Time = \frac{17850}{1500} \\ \\ ⇒ Time = 3.5$

Therefore, The time is 3.5 year..

Now:

$Amount = interest + principal$

∴ Amount = ₹(178.50+850) = ₹1028.5

Therefore, The amount is ₹1028.5