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Rupashi
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Q2) principle:$6750 Rate:8.5% Time:4 years Simple interest= PRT/100 Therefore S.I = 6750*85*4/1000=$2295 Amount=S.I+ Principle Therefore amount=$2295+$6750=$9045 Answers:S.I:$2295,amount:$9045.
Q1)principle:$5000 Rate : 10% S.I = $1000 Therefore length of time = S.I x 100 divided by Principle x rate =1000x100 divided by 5000 x 10 Answer=2years.
