Question

Principal = ₹ 7,500 ; SI- 1,350 and R%= 6 p.a. in simple interest method.​

Answer 1

Answer:

3 years

Step-by-step explanation:

According to simple interest method SI = P×R×T/100

where,

SI = simple Interest

P = Principal

R = Rate of Interest

T = time

Given Principal = ₹ 7,500 ; SI- 1,350 and R%= 6 p.a.

Hence, 1350 = (7500×6×T)/100

=> 1350 = (75×6×T)

=> 1350 = 450×T

=> T = 1350/450

=> T = 3