Question

divya barrow aa sum of ₹1200 at the rate of 5% p.a. after how many year does she pay back the money if the interest paid is ₹120

Answer 1

P=₹1200
R=5%
SI=₹120
T=SI*100/P*R
=120*100/1200*5
=12000/6000
=2 Years