1. **Problem Statement:** Vidwa deposited 6000 rupees in a bank with an 8% annual simple interest rate. We need to find how long it takes to receive 1440 rupees as interest.
2. **Formula for Simple Interest:**
$$\text{Simple Interest} = P \times R \times T$$
where $P$ is the principal amount, $R$ is the rate of interest per year (in decimal), and $T$ is the time in years.
3. **Given values:**
- $P = 6000$
- $R = 8\% = 0.08$
- Interest $I = 1440$
4. **Substitute the values into the formula:**
$$1440 = 6000 \times 0.08 \times T$$
5. **Simplify the right side:**
$$1440 = 480 \times T$$
6. **Solve for $T$ by dividing both sides by 480:**
$$T = \frac{1440}{480}$$
7. **Show cancellation:**
$$T = \frac{\cancel{1440}}{\cancel{480}} = 3$$
8. **Final answer:**
Vidwa will receive 1440 rupees as interest after **3 years**.
Simple Interest Ab9Fef
Step-by-step solutions with LaTeX - clean, fast, and student-friendly.