The time period if interest on rupees 1600 is rupees is rupees 432 at 6% per annum is
Answers
Answered by
19
Required Answer:-
GiveN:
- Principal = Rs. 1600
- Rate of interest = 6% per annum
- Simple Interest = Rs. 432
We have to FinD:
- The time period ?
Step-by-step Explanation:
We know the formula for finding SI:
- Simple Interest (SI) = P × T × R / 100
Where symbols have their usual meaning. Now just putting the values of SI, P and R:
➻ 432 = 1600 × 6 × T / 100
➻ T = 432 × 100 / 1600 × 6
➻ T = 432 / 16 × 6
➻ T = 4.5 years
Hence:
The time period of the simple interest is:
Answered by
38
Required Solution:
Given:
- Principal = Rs. 1600
- Interest = Rs. 432
- Rate = 6%
To Find:
- Time period
Let The Time period be T,
The Formula Of Finding Simple Interest:
- Amount = P + I = Rs. 1600 + Rs. 432 = Rs. 2032
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