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 1.  In how many years will Rs900 yield an interest of Rs324 at 12% per annum simple interest ?

@All: Good attempt. Keep it up!

@nithin nikeel : Hope now you got your answer.

Here * means multiply (×)

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P = Rs 900

I = Rs 324

R = 12%

T = 100 * I / P * R

= 100 * 324 / 900 *  12

= 3 years.

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Principle= Rs.900

Simple Interest= Rs.324

Rate=12% per annum

Time=? (100X SI / PXR )(Formula)

100 X 324 / 900 X 12 = 32400/10800= 3 years

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