Question
Find the time when: Principal $= Rs. 8250, S.I. = Rs. 1100$ and time $= 2$ years.
✓
Answer
Principal $(P) = Rs. 8250$
$S.I. = Rs. 1100$
Time $(t) = 2$ years $\text{Rate}=\frac{\text{S.I.}\times100}{\text{P}\times\text{r}}$
$=\frac{1100\times100}{8250\times2}$
$=\frac{20}{3}\%=6\frac23\%\text{ p.a.}$
$S.I. = Rs. 1100$
Time $(t) = 2$ years $\text{Rate}=\frac{\text{S.I.}\times100}{\text{P}\times\text{r}}$
$=\frac{1100\times100}{8250\times2}$
$=\frac{20}{3}\%=6\frac23\%\text{ p.a.}$
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