1.

In how much time (in years) will Rs. 8500 amount to Rs. 10200 at simple interest at the rate of 10% per annum?1). 22). 33). 54). 15

Answer»

We KNOW that,

AMOUNT = Principal + SI

And SI = PRT/100

10200 = 8500 + SI

⇒ SI = 1700

⇒ Time = (1700 × 100)/(8500 × 10)

⇒ Time = 2 years.


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