Question

sabita deposited Rs 15000 in a finance company at the rate of RS 2 per RS 50 per six months. If she got RS 36000 as simple interest after certain time, find the time​

Answer 1

Resposta:

Good Morning

The deposited value was 15.000.

Let D be D = 15.000

The rate is:

R = 2 per 50

The simple interest is:

Si = 36.000

Tra rate interested:

R = 15.000 * 2 / 50 = 30.000 / 50 =  600

Using:

Si = (D*T*R) / 100

36.000 = 15.000*T*600/100

36.000 =15.000*6*T

T = 36.000 / 90.000

T = 36/90

T =  2/5

T = 0,4

0,4 * 12 months

= 4,8 months

=~ 5 years