4.
In what time Rs. 540 at 5 percent per annum will produce the same interest as Rs. 1800 in 5
years at 6 percent per annum
Answers
Answered by
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Hi...................... the
Answered by
0
Answer:
20 years
Step-by-step explanation:
SI for Principal Rs. 1800 is
SI = (1800 * 6 * 5) / 100 = 540
Now to get Rs. 540 as interest on Principal Rs. 540 at 5 percent interest is -
540 = (540 * 5 * T) /100
T = (540 * 100) / (540 * 5) = 20 years
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