In how many years will $R s . 950$ produce $R s . 399$ as simple interest at $7 %$ ?

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Solution

Simple Interest $I = \frac{P T R}{100}$
Given,
$I = R s 399$
$P = R s 950$
$R = 7 %$
So, $399 = \frac{950 \times T \times 7}{100}$
$T = \frac{570}{95}$
$\Rightarrow T = 6$ years

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In how many years will Rs. 950 produce Rs. 399 as simple interest at 7% ?

Simple Interest I=PTR100 Given, I=Rs 399P=Rs 950R=7% So, 399=950×T×7100 T=57095⇒T=6 years

In how many years will $R s . 950$ produce $R s . 399$ as simple interest at $7 %$ ?

Simple Interest $I = \frac{P T R}{100}$
Given,
$I = R s 399$
$P = R s 950$
$R = 7 %$
So, $399 = \frac{950 \times T \times 7}{100}$
$T = \frac{570}{95}$
$\Rightarrow T = 6$ years