Math, asked by sairamvalluri6, 6 months ago

Calculate the time in which Rs. 1,250/- would become Rs. 1,375/- at 4% rate of interest per
annum ?

Answers

Answered by goyalshine

1

S. I. = 1375

Principal = 1250

Rate = 4 %

Time = ?

S. I. = P × R × T

100

=» 1375 = 1250 × 4 × T

100

T = 100 × 1375

1250 × 4

T = 27. 5 years

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