Question

450 per annum at 6% interest for how many years will the interest be actually 558?​

Answer 1

Answer:

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Answer 2

Formula :- PnT/100

Interest per year = (450*1*6)/100 = 2700/100 = 27

so ,

558 - 450 = 108

so , no.of.years = 108/27 = 4 years