In how many years does a sum of Rs. 5000 yield a simple interest of Rs. 16500 at 15% p.a.?

One Answer on this Question

1. Given:
   Principle Amount(P):₹5000
   S.I:₹16500
   Rate of Interest(R):15%
   Find:T
   SI=P*T*R/100
   T=SI*100/P*R
   T=16500*100/5000*15
   T=22 YEARS

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