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QA – Placement Quizzes | Simple Interest | Question 7

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Ram has an amount of Rs. 9000. How much time will it take to earn 1620 as S.I at a rate of 4.5% per annum? (A) 2 (B) 1 (C) 5 (D) 4

Answer: (D)

Explanation: SI = PRT/100 T = S.I x 100/PR = 1620 x 100/9000 x 4.5 = 4

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Last Updated : 28 Jun, 2021
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