what is the time if the principal is rupees 1600 and rate of per annum – InterviewSolution

1.	what is the time if the principal is rupees 1600 and rate of per annum is 7 ½% and interest is rupees 180
Answer» 1.5 YEAR Step-by-step EXPLANATION:Given that :-P= 1600 ; R =7½ % ; SI=180 Formula :-SI = PTR/100180=(1600T7½)/100180 = 120TT= 180/120=3/2 =1.5 years

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