Question

principal =9540 SI = 1800 rate = 8% find time​

Answer 1

Answer:

If principal = 9540 SI = 1800 rate = 8% then time​ =2.4 years.

Step-by-step explanation:

It is given that,

Principal amount (P) = Rs 9540.

Rate % (R) = 8% per annum.

Simple Interest value (S.I.) = Rs 1800

Time (T) = ?

We need to find the time taken for the principal amount of Rs 9540 to yield a simple interest of Rs 1800 at a rate percentage of 8% p.a.

We know,

$S.I = \frac{P\times R\times T}{100}\\ 1800=\frac{9540\times 8\times T}{100}\\180000= 76,320\times T\\T = \frac{180000}{76,320}\\ T = 2.4 years.$

So, 2.4 years (2 years 3 months) is the time taken for the principal amount of Rs 9540 to yield a simple interest of Rs 1800 at a rate percentage of 8% p.a.