the time in which a sum of rs- 4000 will yield a simple intrest in of rs 1200 At 12% per year
Answers
Answer:
The time is 2.5 years
Step-by-step explanation:
please thanked my all answers plzzzzzzzzzzzz
Given:
A sum of RS. 4000 will yield a simple interest of Rs. 1200 at 12% per year
To find:
The time period
Solution:
To solve the given problem we will use the following formula of simple interest:
According to the given question, we have
P = Principal = Rs. 4000
R = Rate of interest = 12 %
T = Time period = need to find
S.I. = Rs. 1200
Now, substituting the given values in the formula of simple interest, we get
Thus, the time in which a sum of Rs. 4000 will yield a simple interest in Rs. 1200 at 12% per year is 2.5 years.
-----------------------------------------------------------------------------------------
Also View:
The simple interest on a certain sum for 4 years at 9% per annum is R114 more than the simple interest Non the same sum for 3 years at 10% per annum. Find the sum.
https://brainly.in/question/2308462
Find the principal when: simple interest at 16 %per annum for 2 1 upon 2 years is rupees 3840
https://brainly.in/question/6145645
what sum will earn an interest of rupees 480 in 5/2 years at the rate of 3% per annum simple interest
https://brainly.in/question/5689603