what is the time of rs 500 yields rs 105 interest at 3 1/2 % pa
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The time of rs 500 yields rs 105 interest at 3 1/2 % pa is 6 years
Step-by-step explanation:
Principal = Rs.500
Simple interest = Rs.105
Rate of interest =
Formula :SI = \frac{P \times T \times R}{100}
105 = \frac{500 \times T \times 3.5}{100}
\frac{105 \times 100}{500 \times 3.5}=T
6= T
Hence the time of rs 500 yields rs 105 interest at 3 1/2 % pa is 6 years
#Learn more:
Find the rate per cent per annum. 1)rs. 350 yields rs.105 interest in 6 years. 2) rs.425 yields rs.238 interest in 8 years
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