Multiple choice

$P = Rs. 10,000, I = Rs. 2,500, R = 12.5$% simple interest. The number of years $T$ will be ________________.

  1. $1.5$ years
  2. $2\ years$
  3. $3\ years$

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Simple Interest formula: I = (P * R * T) / 100. 2500 = (10000 * 12.5 * T) / 100. 2500 = 1250 * T. T = 2 years.

AI explanation

Using the simple interest formula rearranged for time, Time equals Interest times 100 divided by Principal times Rate. Substituting the values gives 2,500 times 100 divided by 10,000 times 12.5, which simplifies to 2 years.

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