vrunda deposited 75000 rupees in a bank at the rate of 8 p.c.p.a for some year and at the end of the period , she received 80500 for how many years had she deposited he money?
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Given,
Principal=75000
rate=8p.c.p.a.
amount=80500.
SI=amount - principal
=80500-75000
=5500.
SI=(P×R×N)/100. (N=no. of years)
5500=(75000×8×N)/100
5500=6000N
5500/6000=N
11/12=N
I.e.,N=11/12=11months
:.Vrunda had deposited the money for 11 months.
Given,
Principal=75000
rate=8p.c.p.a.
amount=80500.
SI=amount - principal
=80500-75000
=5500.
SI=(P×R×N)/100. (N=no. of years)
5500=(75000×8×N)/100
5500=6000N
5500/6000=N
11/12=N
I.e.,N=11/12=11months
:.Vrunda had deposited the money for 11 months.
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