12. Asmita invests an amount of 9534 @ 4 p.c.p.a. toobtain a total amo

1.	12. Asmita invests an amount of 9534 @ 4 p.c.p.a. toobtain a total amount of 11442 on simple interestafter a certain period. For how many vears did sheinvest the amount to obtain the total sum?M.A.T., 2009(a) 2 years(b) 4 years(c) 5 years(d) 10 years
Answer» ANSWER: Time taken = 5years option (C) Step-by-step EXPLANATION: PRINCIPAL = Rs9534 Rate of interest = 4% Amount = Rs11442 so,SI= A-P SI = Rs11442-Rs9534 SI = Rs1908 Time taken = 100×SI/P×R = 100×1908/9535×4 = 190800/38140 = 5.0026 Approximately 5years

12. Asmita invests an amount of 9534 @ 4 p.c.p.a. toobtain a total amount of 11442 on simple interestafter a certain period. For how many vears did sheinvest the amount to obtain the total sum?M.A.T., 2009(a) 2 years(b) 4 years(c) 5 years(d) 10 years

Answer»

ANSWER:

Time taken = 5years

option (C)

Step-by-step EXPLANATION:

PRINCIPAL = Rs9534

Rate of interest = 4%

Amount = Rs11442

so,SI= A-P

SI = Rs11442-Rs9534

SI = Rs1908

Time taken = 100×SI/P×R

= 100×1908/9535×4

= 190800/38140

= 5.0026

Approximately 5years

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12. Asmita invests an amount of 9534 @ 4 p.c.p.a. toobtain a total amount of 11442 on simple interestafter a certain period. For how many vears did sheinvest the amount to obtain the total sum?M.A.T., 2009(a) 2 years(b) 4 years(c) 5 years(d) 10 years​

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12. Asmita invests an amount of 9534 @ 4 p.c.p.a. toobtain a total amount of 11442 on simple interestafter a certain period. For how many vears did sheinvest the amount to obtain the total sum?M.A.T., 2009(a) 2 years(b) 4 years(c) 5 years(d) 10 years