Question

1. What sum of money lent out at simple interest will become 3,700 in 4 years at 12% per year
2. In how many years will 1,450 become 2,146 at 8% per annum simple interest?
3. In how many years will * 7,500 double at 8% per annum simple interest?

Plz give answer I will rate u five stars ​

Answer 1

Answer:

P=A / 100+rt. x 100

=3700x100/100+12x4

3700x100/148= Rs2500. Ans