Rs. P are invested at 5% per annum of simple interest. After T years an interest of Rs.82 is earned and the amount becomes Rs.902. What is value of T?

4 years 1 year 3 years 2 years

2 years

Principal (P)= x Rate (R) = 5 % Time (T) = t Interest (I) =82 Amount (A) =902 P = A -I P = 902 - 82 = 820 Rs Simple Interest(S.I.)=\(\frac{P×R×T}{100}\) 82 = \(\frac{820×5×T}{100}\) T = \(\frac{82×100}{820×5}\) Time = 2 years