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 7 of 7.

Muthu said:   2 years ago
450 ÷ 100 * 4.5 = 20.25.
20.25 * 4 = 81.
(8)

Mora Nandini said:   2 years ago
The amount was given but they have taken as principal. Why? Can anyone explain to me?
(12)

Jasminder Singh said:   1 year ago
First, find the how much per cent 81 of 450.
(81/450)*100 = 18%.

After finding 18% then simply divide the 18% with 4.5 interest
(180/45)*100 = 4years.

In simple words, we found that 81 is the 18% of 450.
So by using 4.5 % interest p.a we need to reach 18% by 4.5 + 4.5 + 4.5 + 4.5 = 4 years.
(7)

Gayatri said:   9 months ago
Time = [100× S.I/P×R]yrs.
Here, from the equation
S.I = 81₹.
P. = 450₹
R. = 4.5%.
Time (T) = 100 × 81/450 × 4.5,
= 8100/2025.
=4 yrs.
(10)

Sara said:   8 months ago
Why 450 is not considered as the Principal amount?

Anyone, please explain it.
(3)


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