Aptitude - Simple Interest - Discussion

Discussion Forum : Simple Interest - General Questions (Q.No. 4)
4.
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?
3.5 years
4 years
4.5 years
5 years
Answer: Option
Explanation:

Time = 100 x 81 years = 4 years.
450 x 4.5

Video Explanation: https://youtu.be/WdBzN0Sj8jc

Discussion:
65 comments Page 2 of 7.

Sobana said:   1 decade ago
we know that formula for calculate the N value.

given data is:
S.I=81.
P=450.
R=4.5.

Formula is N=100*si/p*r.
=100*81/450*4.5.
=8100/2025.
=4.

N=4 years.

Ravimanne said:   1 decade ago
Please clarify me difference between P and I and their full form and way of usage in formula?

Rajesh said:   1 decade ago
Rs. 450 at 4.5% per year gives 20.25 rupees.

So to get 81 we have to perform (81/20.25) = 4.

Vinay Tiwari said:   1 decade ago
Please tell me some basic formulas related to SI.

Sandhya said:   1 decade ago
In the question given amount as 450 but not sum as 450.

We know that amount = principle(or)sum + s.i.

So the ans might be 4.5.

Sameera said:   1 decade ago
Yes @Sandhya I agree your view.

But here sum (or) principle is not given but he say that Rs450 to yield means we have to keep in mind that the amount never yield (produce) interest only the principle will (produce) interest; so the given amount is principle only.

Sumit said:   1 decade ago
t = ?
P = Rs.450.
S.I = 81.
R = 4.5%.

As we know : SI = P*R*T/100.
: T = S.I*100/P*R.
i.e: 81*100/450*405 = 4 yr.

Sam said:   1 decade ago
1% of 450 is 4.50.
2% of 450 is doubles the 1% 9.

4% of 450 is. 18.
0.5% of 450 is half the 1% 2.25.

Total 4.5 p.a. is: 20.25.
For 4 years: 4*20.25== 81.

Bhavna said:   1 decade ago
Given,

S.I = 81, P = 450, R = 4.5.

T = S.I*100/P*R.

T = 81*100/450*4.5 (Cancel 100/450 with 5 and 81 with 9).

T = 9*2/4.5.
T = 18/4.5 => 180/45.

T = 4 Years.

Shreyank said:   1 decade ago
Let's we gone to take an answer.

450*45*4/100*10.

So the answer came to the 81 rs.

That amount we shown in question so answer is true.


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