Divya borrows a sum of 1200 rupees at the rate of 5% p.a. Afer how many years does she pay back the money if the interest paid is 120 rupees?
navya9613:
Anyone,please help.
Answers
Answered by
34
p=1200rs
r=5%p.a .
i= p×r×t/100
120= 1200×5 ×t/100
120/5= 12×t
24= 12×t
t=2 years ...
Answered by
3
Answer:
in two years
Step-by-step explanation:
T=SI=100/P×R
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