A sum of Rs. 12500 gives interest of Rs. 5625 in T years at simple interest. If the rate of interest is 7.5%, then what will be the value of T?

A sum of Rs. 12500 gives interest of Rs. 5625 in T years at simple int

1.	A sum of Rs. 12500 gives interest of Rs. 5625 in T years at simple interest. If the rate of interest is 7.5%, then what will be the value of T?
A.	5 years
B.	6 years
C.	7 years
D.	8 years
Answer» C. 7 years

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A sum of Rs. 12500 gives interest of Rs. 5625 in T years at simple interest. If the rate of interest is 7.5%, then what will be the value of T?

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