Question

The amount 0f rs 1000 at the annual rate 10% is rs 1200. Find the interest and time

Answer 1

Step-by-step explanation:

Amount(A)= Rs 1200

Principal (P)=Rs 1000

Rate(R)=10%

Simple Interest( S.I)= A - P

=Rs (1200 - 1000)

=Rs 200

Time = (S.I ×100) ÷ (P x R)

=(200×100) ÷(1000× 10)

=20000÷10000

=2 years

Answer 2

Answer: 24 months

Step-by-step explanation:

Amount(A)= Rs 1200

Principal (P)=Rs 1000

Rate(R)=10%

Simple Interest( S.I)= A - P

=Rs (1200 - 1000)

=Rs 200

Time = (S.I ×100) ÷ (P x R)

=(200×100) ÷(1000× 10)

=20000÷10000

=2 years

= 1 year = 12month

2 year = 12+12= 24 month

Therefore, the interest and time is 24 month