principal = rs. 9540 si=rs.1908 and rate =8 percent p. a.
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Answered by
39
principal = rs. 9540 si=rs.1908 and rate =8 percent p. a. Time taken is 2.5 years (2 years 6 months)
It is given that,
Principal amount (P) = Rs 9540.
Rate % (R) = 8% per annum.
Simple Interest value (S.I.) = Rs 1908
Time (T) = ?
We need to find the time taken for the principal amount of Rs 9540 to yield a simple interest of Rs 1908 at a rate percentage of 8% p.a.
We know, S.I = [(P×R×T) ÷ 100]
⇒ T = [(100 × S.I.) ÷ (P × R)]
⇒ T = [(100 × 1908) ÷ (9540 × 8)]
⇒ T = 190800 ÷ 76320
⇒ T = 2.5 years.
So, 2.5 years (2 years 6 months) is the time taken for the principal amount of Rs 9540 to yield a simple interest of Rs 1908 at a rate percentage of 8% p.a.
Answered by
12
Answer:
principal 9540
SI 1908
Rate 8%
Time=SI*100/p*R
Time=1908*100/9540*8
time=5/2=2/1/2 answer
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