How much time will it take for an amount of Rs. 300 to yield Rs. 123 as interest at 4.1% per annum o

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17 Apr 2017 Simple Interest

How much time will it take for an amount of Rs. 300 to yield Rs. 123 as interest at 4.1% per annum of simple interest?

OPtion

1) 4 Years
2) 4.5 Years
3) 5 Years
4) 5.5 Years
5) 6 Years
6) 7 Years
7) 8 Years
8) 9 Years
9) 10 Years
10) None of these

Solution

SI = PRT/100

123 = 300*4.1*T/100
=> T = 10 Years

Correct Option: 9 Best Solution (15)

G.S.Kantharao   7 years AGO

T=100I/P*R
P=₹300
R=4.1%
T = 100*123/300*4.1 = 10
Hence the right option is 9.

Like? Yes (3) | No (1)  

sudhir saurav   7 years AGO

Time=(100*123/300*4.1)years
=12300/1230 years=10years.(option 9 is correct)

Like? Yes (1) | No   

SAYAN CHATTERJEE   7 years AGO

prt/100=SI
so, t=SI*100/P/r
=123*100/300/4.1
=10
Option. 9.

Like? Yes | No   

Devendra Marghade   7 years AGO

Let the time required in years be t, then
Simple Interest=300*4.1*t/100=123
=> t=123*100/(300*4.1)=10

Like? Yes | No   

Azim Uddin Siddiqui   7 years AGO

S.I.= PTR/100;
T=S.I*100/PR=123*100/300*4.1=10 years...so option 9

Like? Yes | No   

Mukund Manohar   7 years AGO

SI = PRT/100
T = (SI*100)/PR
= 12300/(300*4.1) = 10
Time = 10 years

Like? Yes | No   

suraj shukla   7 years AGO

P= 300
R= 4.1%
SI= 123
SI=P*R*T/100
so T=10 years

Like? Yes | No   

PRABHAT KUMAR   7 years AGO

time=(123*100)/(300*4.1)
10 year
option 9

Like? Yes | No   

kandi sindhuja reddy   7 years AGO

S.I = PTR/100
HERE S.I = 123, P = 300, R = 4.1, T YEARS
T = 12300/(300*4.1)
T = 10 YEARS

Like? Yes | No   

harsh garg   7 years AGO

interest of 1year by 4.1 % per annum is 12.3
so 123 in 10 years

Like? Yes | No   

Payal   7 years AGO

SI = P*T*R/100
here SI=123
P=300
R=4.1%=41/10

therefore we get
123= 300*T*(41/10)/100
solving this we get T=10 years
hence option 9

Like? Yes | No   

VISHAL.MORI   7 years AGO

P=300
I=123
R=4.1%
123=(300*41*n)/(1000)
1230=123*N
So,
N=10Years

Like? Yes | No   

jyothi chhabria   7 years AGO

S.I=PTR/100
123=300*T*4.1/100
12300/300*4.1=T
T=10 years

Like? Yes | No   

palak Jain   7 years AGO

4.1% of Rs.300=Rs.12.3
so it would take 10 years to yield Rs.123

Like? Yes | No   

Rushikesh Ganeah Mange   7 years AGO

as per 4.1% the one year interest is 12.3 rs
so to get 123 rs =12.3x 10 years

Like? Yes | No