Question

Sangeeta deposited Rs150000 in a bank at 9 p.c.p.a . She got simple interest amounting to Rs 54000. For how many years had she deposited the amount ?

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Answer 1

Answer:

2/5

Step-by-step explanation:

PRINCIPLE = 150000

Let time be = x

Rate = 9

simple interest = 54000

so, equation formed =  150000*9*x/100 = 54000

1500*9*x/100 =5400

13500x = 5400

x= 5400/ 13500

x =   1800/4500

x = 18/45

x= 6/15

x= 2/5