Question

Find the time when:

Principal = Rs 9540, SI = Rs 1908 and rate = 8% p.a.

Answer 1

$\begin{array}{l}\text{P}=\text{Rs}.\text{954}0,\text{S}.\text{I.}=\text{Rs}.\text{19}0\text{8, R}=\text{8}\%\\ \text{T =}\frac{\text{S}\text{.I.×100}}{\text{P×R}}\text{=}\frac{\text{1908×100}}{\text{9540×8}}\\ \text{=}\frac{\text{10}}{\text{4}}\\ \text{=2}\frac{\text{1}}{\text{2}}\text{years}\end{array}$