At what rate per cent per annum will * 1620 amount to 1962 in 3 years 2 months?
Answers
Answered by
1
Answer:Principle = rs 1620
Amount = rs 1962
So, S.I = amount - principle
= 1962 - 1620
= 342
Time = 3 yrs 2 months
= 2 months
= 2/12 yrs
= 1/6 yrs
So! Total time = 3 1/6 yrs = 19/6 yrs
Rate of interest per annum = S.I x 100 /P x T
= 342 x 100 x 6/ 1620 x 19
= 20/3 %
Step-by-step explanation:
Answered by
3
Step-by-step explanation:
1962-1620=342
time=3+2/12
=3+1/6
rate of interest=S.I* 100*/p*T
=342*100/1620*19/6
=20/3%
Similar questions