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How much time will it take for an amount of Rs.900 to yield Rs.81 as interest at 4.5% per annum of simple interest?

A

2 years

B

3 years

C

1 year

D

4 years

Text Solution

Verified by Experts

The correct Answer is:
A
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Knowledge Check

  • How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

    A
    3.5 years
    B
    4 years
    C
    4.5 years
    D
    5 years

  • How much time will it take for an amount of ₹360 to yield ₹72 as interest at 5% p.a. of simple interest?

    A
    3 years
    B
    4 years
    C
    2.5 years
    D
    3.5 years

  • How much time will it take for an amount of ₹ 450 to gain ₹ 81 as interest, if rate of interest is 4.5% per annum on simple - interest ?

    A
    4.5 yr
    B
    3.5 yr
    C
    5 yr
    D
    4 yr

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