please help me to solve this:
PRINCIPAL =Rs 850
RATE = 6%
SIMPLE INTEREST = Rs 178.50
TIME = ?
Please solve this , I will mark you brainleist
Answers
Answered by
1
178.50=850×6×x ÷100=35 year
Answered by
6
Answer:
3 years and 5 months .
Step-by-step explanation:
Remember that the interest is the product of the principal, rate of interest and time. Therefore, dividing the interest by the product of the interest rate and time will yield the principal.
p=I/rate x time
850 = 178.50 / 0.06 x time
0.06 x time = 178.50 / 850
0.06 x time = 0.21
TIME = 3.5
Hence , the time period is 3 years and 5 months .
Hope this may help you and be the brainliest..
Happy learning !
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thank you . : )