Question

Cellpage
Date:
/
Page No:
Javed deposiked 12000 rupees at 9pcipa
in a bank
for some
Years, and with
dhew his interest every year At the end
of the period, he had received
received alogether
17, 400 rupees for how many years had he.​

Answer 1

Answer:

5years

Step-by-step explanation:

Amount which is received by Javed is Rs. 17400 and he invested Rs. 12000 at 9% per annum.

Interest he received is 17400 - 12000 = Rs. 5400

Using formula

Pnr = 5400

12000 × n × 9/100 = 5400

n = 5 years