Question

Vijay invested rs.10,000 at the rate of 5% sinple interest per annum .he received rs.11,000after some years.find the number of years

Answer 1

Answer:

Step-by-step explanation:

100%=10000

5%=___

=5×10000÷100

=500 per month

1month=500

12month=____

=12×500

=6000

So how many return extra

=11000-10000

=1000

1month =500

___month=1000

=1000/500

=2month

Answer 2

The number of years is 2

Step-by-step explanation:

Principal = Rs.10,000

Amount = rs.11000

Interest = Amount - Principal

Interest = Rs.11000-Rs.10000

Interest = Rs.1000

Rate of interest = 5%

:$Si = \frac{P \times R \times T}{100}\\\\1000=\frac{10000 \times 5 \times T}{100}\\\\\frac{1000 \times 100}{10000 \times 5}=T\\\\2 = T$

Hence the number of years is 2

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