5. If principal = * 1200, interest = * 480 and rate of interest = 10% p.a., then time is
Answers
Answered by
4
Principal (P)=1200
Interest (SI)= 480
Rate (R)= 10
Therefore using the formula
SI= (P×R×T)/100
=> 480= (1200×10×T)/100
On further calculation,
=> 480= 120×T
=> 480/120 = T
Therefore the time=4 years.
Answered by
2
Answer:
Interest=(prinicipal x time x rate of interest)/100
480 =1200 x t x 10/100
48000 =12000 x t
48000/12000 =t
48/12 =t
4 =t
thus time= 4 years
Similar questions