Aptitude - Simple Interest - Discussion

Discussion Forum : Simple Interest - General Questions (Q.No. 4)

Simple Interest

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

Discussion:

65 comments Page 7 of 7.

Vamsi reddy said: 7 years ago

100% = 450,
4.5%*x = 81,
X = 4.

Naowaz said: 8 years ago

Here, I = (P x r x t/100).

Faisal irshad said: 8 years ago

S=p+I and t=(s/p-1)/r.

Jayraj said: 8 years ago

Awsome @Sameera.

Anand said: 6 years ago

Thanks @Rajesh.

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