P=8500 A=10200 R=12.5% SI T WILL BE?
Calculation of Simple Interest (SI)
Given:
P = 8500 (Principal)
A = 10200 (Amount)
R = 12.5% (Rate)
We know that,
SI = (P * R * T) / 100
To find T, we can rearrange the formula as follows:
T = (SI * 100) / (P * R)
Substituting the given values in the formula:
SI = A - P = 10200 - 8500 = 1700
T = (1700 * 100) / (8500 * 12.5)
T = 20
Therefore, the time period (T) will be 20 years.
Explanation:
Simple interest is the interest calculated on the principal amount for a specific time period at a fixed rate. In this problem, we are given the principal amount (P), the amount (A), and the rate of interest (R). We need to calculate the time period (T) for which the interest is calculated.
Using the formula for simple interest, we can find the value of SI. We can then substitute the values of SI, P, and R in the formula to find T. After substituting the values, we get T as 20 years.
Therefore, the time period for which the interest is calculated is 20 years.
P=8500 A=10200 R=12.5% SI T WILL BE?