Question

After what time ₹9,000 become ₹10440 at 8% per annum simple interest.

Answer 1

Answer:

Step-by-step expHi ,

Principal ( p ) = Rs 3600

Amount ( A ) = 4320

Rate of interest ( r ) = 8%

Time = t years

Simple interest ( I ) = A - p

I = 4320 - 3600

= Rs 720

t = ( 100 × I )/pr

= ( 100 × 720 ) / ( 3600 × 8 )

= 5/2

= 2 1/2 years

similar

Answer 2

Answer:

Step-by-step explanation:

Principal=9000

Amount=10440

SI=A-P

=10440-9000

=1440

Rate=8%pa

Time=SI×100/P×R

=2 years

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