Question

Rate (R) = 25/3Interest = Rs. 350(d) Principal = Rs. 2400Find the time (t) ​

Answer 1

Answer:

The value of t is 1.75 years.

Step-by-step explanation:

Given that simple interest formula is I = (P×R×T)/100. So you have to substitute the following values into the formula :

$i = \frac{prt}{100}$

$let \: i = 350,p = 2400,r = \frac{25}{3}$

$350 = \frac{2400 \times \frac{25}{3} \times t }{100}$

$350 = \frac{20000t}{100}$

$350 \times 100 = 20000t$

$20000t = 35000$

$t = 35000 \div 20000$

$t = 35 \div 20$

$t = 1.75 \: years$