A sum of ₹ 4800 amounted to ₹ 6240 in a certain period.if the rate of simple interest is 12%p.a.,find the period
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Answered by
4
Answer:
then simple interest = 6240-4800= 1440
Step-by-step explanation:
SI = (P × R × T) /100
1440 =(4800*12*T) /100
T = 120/48
T = 2.5 years
Answered by
1
Answer:
The simple interes = 6240 - 4800 = 1440
Step-by-step explanation:
SI = ( PXRXT ) / 100
1440 = (4800*12*T)/100
T= 120/58
T= 2.5 Years <= ANSWER
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