Question

6. In what time will a principal 72,060, earn an interest of 10,809, at the rate of 3 ℅ ?

Answer 1

Answer:

5 years

Step-by-step explanation:

SI = principal × rate/100 × time

10,809 = 72060 × 3/100 × time

time = 10809 × 100

72060 × 3

time = 5 years Ans.