Rajinder lent a sum of Rs. $3200$ to Suresh at the rate of $6$ % interest per annum. Suresh paid Rajinder Rs. $3680$ to clear the debt. How long did Suresh use Rajinder's money?

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Solution

$S I = \frac{P . R . N}{100} = 3200 \times \frac{6}{100} = 192$

$S I = a m o u n t - P r i n c i p l e$ $= 3680 - 3280$

$\frac{3680 - 3200}{192} = \frac{480}{192} = 2.5$ years.

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Rajinder lent a sum of Rs. 3200 to Suresh at the rate of 6% interest per annum. Suresh paid Rajinder Rs. 3680 to clear the debt. How long did Suresh use Rajinder's money?

SI=P.R.N100=3200×6100=192SI=amount−Principle=3680−32803680−3200192=480192=2.5 years.

Rajinder lent a sum of Rs. $3200$ to Suresh at the rate of $6$ % interest per annum. Suresh paid Rajinder Rs. $3680$ to clear the debt. How long did Suresh use Rajinder's money?

$S I = \frac{P . R . N}{100} = 3200 \times \frac{6}{100} = 192$

$S I = a m o u n t - P r i n c i p l e$ $= 3680 - 3280$

$\frac{3680 - 3200}{192} = \frac{480}{192} = 2.5$ years.