How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

by
A. 2 years
B. 3 years
C. 1 year
D. 4 years
✅ The correct answer is option A. 2 years.
P = Rs.900

SI = Rs.81

T = ?

R = 4.5%

T=100×SI/PR =100*81/900*4.5 =2 years

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