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P = Rs. 10000, I = Rs. 2500, R = 12 ½% SI. The number of years T will be

  • a)
    1 ½ years

  • b)
    2 years

  • c)
    3 years

  • d)
    none of these

Correct answer is option 'B'. Can you explain this answer?
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P = Rs. 10000, I = Rs. 2500, R = 12 ½% SI. The number of years ...
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P = Rs. 10000, I = Rs. 2500, R = 12 ½% SI. The number of years ...
Calculation of Time (T) in Simple Interest (SI)

Given:
Principal (P) = Rs. 10000
Interest (I) = Rs. 2500
Rate of Interest (R) = 12%
Simple Interest (SI)

Formula:
Simple Interest (SI) = (P × R × T)/100

Calculation:
Using the formula of Simple Interest (SI), we can find the value of T.

SI = (P × R × T)/100
2500 = (10000 × 12 × T)/100
2500 = 1200T/100
25 = 12T/10
T = (25 × 10)/12
T = 2.08 years (approx.)

Therefore, the number of years (T) will be 2 years (approx.). Hence, option (b) is correct.
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Community Answer
P = Rs. 10000, I = Rs. 2500, R = 12 ½% SI. The number of years ...
I = P × T × R /100
2500 = 10000 × T × 12.5/100
2500 = 125000t/100

by cross multiplication
2500 × 100/ 125000
250000/125000 = 2
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P = Rs. 10000, I = Rs. 2500, R = 12 ½% SI. The number of years T will bea)1 ½ yearsb)2 yearsc)3 yearsd)none of theseCorrect answer is option 'B'. Can you explain this answer?
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