27) Find the time in which Rs 800 will earn an interest of Rs 120 at 5% per annum
Answers
Answered by
5
Step-by-step explanation:
120=800×5×t/100
120=40×t
t=3
Answered by
0
Answer:
3 years
Step-by-step explanation:
Principal Amount =Rs 800
Rate of Interest =5%
Interest =Rs 120
Let time=x
Simple Interest =PRT/100
120 =P×R×T/100
120 =800×5×x/100
120 =4000x/100
120/4000 =x/100
12/400 =x/100
3/100 = x/100
3/100 ×100=x
3 =x
Ans=3years
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