Question

7. A person has kept Rs. 2,400 in a bank at 5% rate
of simple interest. How many years he will have to wait
to purchase a product costing Rs. 3,000 from that money?​

Answer 1

Answer:

5years

Step-by-step explanation:

Time=interest×100÷principal×100

interest=3000-2400=600

then,

600×100÷2400×2=5