Question
How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
Answer: Option A
P = RS.900
SI = RS.81
T = ?
R = 4.5%
T=100×SI/PR =100*81/900*4.5 =2 YEARS
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P = RS.900
SI = RS.81
T = ?
R = 4.5%
T=100×SI/PR =100*81/900*4.5 =2 YEARS
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