Question

After what time will the sum of Rs. 2000 become Rs. 2240 at 4% per annum SI?

Answer 1

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Here is your answer.
P = Rs 2000
A = Rs 2240
R = 4%
SI = A - P
= 2240 - 2000
= Rs 240

As we know the formula
TIME = SI × 100/PR

$= \frac{240 \times 100}{2000 \times 4} \\ \\ = 3 \: years$

Therefore Time is 3 years


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Answer 2

so the answer is 3 years as shown in solution