document.write( "Question 1129956: how long would $1250 have to be deposited at 6% per annum to gain a simple interest of $750? \n" ); document.write( "
Algebra.Com's Answer #746580 by MathLover1(20850)\"\" \"About 
You can put this solution on YOUR website!

\n" ); document.write( "\"s+=+750\"
\n" ); document.write( "Rate of interest \"+r=+6\"% p.a.
\n" ); document.write( "Principal = \"p+=+1250\"$ (money deposited )
\n" ); document.write( "Let the time taken , \"t+\"years \r
\n" ); document.write( "\n" ); document.write( "By formula, \r
\n" ); document.write( "\n" ); document.write( "\"s=%28p%2Ar%2At%29%2F100+\"\r
\n" ); document.write( "\n" ); document.write( "Thus, \"s%2A100+=+p%2Ar%2At+\" [ cross multiplication ] \r
\n" ); document.write( "\n" ); document.write( "=>\"%28s%2A100%29%2F%28p%2Ar%29+=+t\" [ dividing both sides by\"+p%2Ar+\"] \r
\n" ); document.write( "\n" ); document.write( "=>\"t+=+%28750%2A100%29%2F%281250%2A6%29\"
\n" ); document.write( "
\n" ); document.write( "=>\"t+=+10+\"\r
\n" ); document.write( "\n" ); document.write( "Thus, time taken is \"10\" years. ( ans. )\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "
\n" ); document.write( "
\n" );