Question

what is the time if the principal is rupees 1600 and rate of per annum is 7 ½% and interest is rupees 180​

Answer 1

Answer:

1.5 year

Step-by-step explanation:

Given that :-

P= 1600 ; R =7½ % ; SI=180

Formula :-

SI = PTR/100

180=(1600*T*7½)/100

180 = 120T

T= 180/120=3/2 =1.5 years