rupees 300,000 amount to rupees 450,000 in 2.5 years .in how many years will rupee 500 amount to rupees 575 at the same rate of interest
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Answer:
0.75 years Hope you would like my answer and please mark my answer as the brainliest one.
Step-by-step explanation:
According to question
P=300,000 rupees
A=450,000 rupees
T=2.5 years
S.I. = A - P
S.I. =450000-300000
=150000 rupees
=20% p.a.
secondly,
R=20%
P=500
A=575
S.I.=75
T= S.I.*100/P*R
=7500/10000
=0.75 years
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