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In how much time will a sum of Rs. 10200 amounts to Rs. 19125 at the rate of 12.5 percent per annum at simple interest?
Question

In how much time will a sum of Rs. 10200 amounts to Rs. 19125 at the rate of 12.5 percent per annum at simple interest?

A.

6 years

B.

5 years

C.

8 years

D.

7 years

Correct option is D

Given:
Principal (P) = Rs. 10,200
Amount (A) = Rs. 19,125
Rate of interest (R) = 12.5% per annum
Time (T) = ?
Formula Used:
Simple Interest (SI) = A - P
Formula for Simple Interest:
SI = P×R×T100\frac{P \times R \times T}{100} ​​
Solution: 
Simple Interest, S.I. = 10200 - 19125 = 8925 
So, Applying the formula,

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