How long will it take for a sum of money to grow from Rs.1250 to Rs.12,000, if it is invested at 9% p.a simple interest?

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21 Sep 2018 Simple Interest How long will it take for a sum of money to grow from Rs.1250 to Rs.12,000, if it is invested at 9% p.a simple interest?: OPtion
1) 9.0 years
2) 9.55 years
3) 90 years
4) 95 years
5) 96.00 years
6) 95.55 years
7) 96.00 years
8) 97.00 years
9) 98.00 years
10) None of these; Correct Option: 6 Best Solution (5)

SAYAN CHATTERJEE 5 years AGO

1250(1+9t/100)= 12000
So, t= 95.55 yrs.
Option 6.

Like? Yes (2) | No (1)

G.S.Kantharao 5 years AGO

T =100*I/PR
I =₹12000-₹1250=₹10750
T=100*10750/1250*9=95.55 years.
Right option is 6👈

Like? Yes (2) | No (1)

sravya oleti 5 years AGO

in 1250 the simple interest of 9% p.a=112.5
difference of 12,000 and 1250=10750
10750/112.5=95.55 years

Like? Yes (1) | No (1)

Kariamal 5 years AGO

S.I=prt/100
t=10750*100/1250*9
t=95.55 years

Like? Yes | No (1)

AYAN PAUL 5 years AGO

Total interest will be 12000 - 1250 = 10750
Now as per the formula I = P*T*R / 100
If we put the values of P , R and I then we get T = 95.55 years

Like? Yes | No (3)

Dimple

India

Punjab

Time: 00:01:33

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How long will it take for a sum of money to grow from Rs.1250 to Rs.12,000, if it is invested at 9%

M4maths Previous Puzzles

21 Sep 2018 Simple Interest