Rs.3200 will amount to Rs 4800 at 12.5%
p. a rate in__years
Answers
Step-by-step explanation:
Amount: Rs. 4800
Principal(P):Rs. 3200
Rate of interest(R):12.5%
To find: Terms of loan(N)=?
Soln: Simple interest= Amount-Principal
= 4800-3200
= 1600
Simple interest= P×N×R
100
1600=3200×N×12.5
100
1600=32×12.5×N
N=1600
32×12.5
=50/12.5
=4
4years.
Answer:
The answer is 4 years
Given problem:
Rs.3200 will amount to Rs 4800 at 12.5%
p. a rate in__years
Step-by-step explanation:
given Principal amount P = Rs. 3200
the resultant amount A = Rs. 4800
Rate of interest R = 12.5%
here we need to find time period T in years
Let T be the time period
after T years interest gained = Resultant amount - Principal amount
I = Rs.4800 - Rs.3200
= Rs.1600
the formula for interest is given by I =
[ ∵ Interest = 1600 ]
T = 4