Question

3. Calculate the time in which 1250 would become 1350 at 4% rate of interest.
interest will 1860 amount to *2278.50 in 4years?
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Answer 1

Answer:

x = 2.5 years

Step-by-step explanation:

Principal=1250

Rate=4%

Time=x

Amount=1375or P+ SI or

so we have SI = 1375-1250=125

PRT/100=125

= 1250*4*x/100=125

=x*50 =125

x = 2.5 years