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Find the time in which Rs. 1,200 will am...

Find the time in which Rs. 1,200 will amount to Rs. 1,536 at `3*5%` per year.

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To find the time in which Rs. 1,200 will amount to Rs. 1,536 at an interest rate of 3.5% per year, we will follow these steps: ### Step 1: Identify the given values - Principal (P) = Rs. 1,200 - Amount (A) = Rs. 1,536 - Rate of Interest (R) = 3.5% per annum ### Step 2: Calculate the Simple Interest (SI) The formula for Simple Interest is: \[ \text{SI} = \text{Amount} - \text{Principal} \] Substituting the values: \[ \text{SI} = 1,536 - 1,200 = 336 \] ### Step 3: Use the Simple Interest formula to find time (T) The formula for Simple Interest is also given by: \[ \text{SI} = \frac{P \times R \times T}{100} \] We can rearrange this formula to solve for time (T): \[ T = \frac{\text{SI} \times 100}{P \times R} \] ### Step 4: Substitute the known values into the formula Substituting the values we have: \[ T = \frac{336 \times 100}{1,200 \times 3.5} \] ### Step 5: Simplify the equation First, calculate the denominator: \[ 1,200 \times 3.5 = 4,200 \] Now substitute this back into the equation: \[ T = \frac{336 \times 100}{4,200} \] ### Step 6: Perform the multiplication and division Calculating the numerator: \[ 336 \times 100 = 33,600 \] Now divide: \[ T = \frac{33,600}{4,200} = 8 \] ### Conclusion The time (T) is 8 years. ---
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ICSE-INTEREST (SIMPLE AND COMPOUND)-EXERCISE 9(A)
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  2. Find the interest and the amount on : Rs. 5,000 at 8% per year from ...

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  3. Find the interest and the amount on : Rs. 2,600 in 2 years 3 months ...

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  4. Find the interest and the amount on : Rs. 4,000 in 1""1/3 years at 2...

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  5. Rohit borrowed Rs. 24,000 at 7*5 percent per year. How much money will...

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  6. The interest on a certain sum of money is Rs. 1,480 in 2 years and at ...

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  7. On what principal will the simple interest be Rs. 7,008 in 6 years 3 m...

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  8. Find the principal which will amount to Rs. 4,000 in 4 years at 6.25% ...

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  9. At what rate per cent per annum will Rs. 630 produce an interest of Rs...

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  10. At what rate percent per year will a sum double itself in 6""1/4 years...

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  11. In how many years will Rs. 950 produce Rs. 399 as simple interest at 7...

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  12. Find the time in which Rs. 1,200 will amount to Rs. 1,536 at 3*5% per ...

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  13. The simple interest on a certain sum of money is 3/8 of the sum in 6""...

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  14. What sum of money borrowed on 24th May will amount to Rs. 10,210*20 on...

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  15. In what time will the interest on a certain sum of money at 6% be 5/8 ...

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  16. Ashok lent out Rs. 7,000 at 6% and Rs. 9,500 at 5%. Find his total inc...

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  17. Raj borrows Rs. 8,000, out of which Rs. 4,500 at 5% and remaining at 6...

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  18. Mohan lends Rs. 4,800 to John for 4""1/2 years and Rs. 2,500 to Shyam ...

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  19. John lent Rs. 2,550 to Mohan at 7*5 per cent per annum. If Mohan disch...

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