How long will it take a sum of $450 to yield a simple interest of $81 at the rate of 4.5% per?

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Given:

Principal = Rs. 450,

Rate of interest = 4.5% 

simple interest = Rs. 81

Formula:

Simple interest = Principal × Rate × Time/100​

Calculations:

Simple interest = Principal × Rate × Time/100​

⇒ 81 = 450 × 4.5 × Time ​

⇒ 81 × 100 = 450 × 4.5 × Time

⇒Time = 81 × 100/450 × 4.5

⇒ Time = 4 years

Time period is 4 years.

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How long will it take a sum of $450 to yield a simple interest of $81 at the rate of 4.5% per?

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Updated On: 27-06-2022

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How long will it take a sum of $450 to yield a simple interest of $81 at the rate of 4.5% per?

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How long will it take a sum of $450 to yield a simple interest of $81 at the rate of 4.5% per annum?

So, it will take 4 years for an amount of $450 to yield $81 as interest at 4.5% per annum of simple interest. Q.

How long will it take a sum of $450 to yield a simple interest?

Expert-verified answer y=1800/450=4 years. So, lets dived them as 1800/450 = 4 years.

How long will it take a sum of dollar 450 to yield a simple interest of dollar 81 at the rate of 4.5 per annum?

81 as interest at 4.5% per annum of simple interest ? Explanation: Time = (100 x 81) / (450 x 4.5) = 4 years.

How much time does it take for an amount of 450 to yield 81 as interest?

Thus, it will take 4 years for an amount of ₹450 to yield an interest of ₹81 at 4.5% per annum.