Question

8) Calculate the time required, when:
1) Amount = 4,320; Principal = 3600, R = 8% p.a
please give me answer fastly. ​

Answer 1

Answer:

SI = PTR/100

=3600*X*8/100. (let time period be x)

288x=SI

Amount=Principal+Interest.

Interests = Amount-Principal.

=4320-3600

=720Rs.

720=288*x.

x=720/288

x=2.9=2years 9 months

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