Question

Find the period in which rs 750 will amount to rs 900 at 5% p.a.

Answer 1

Answer:

4months

Step-by-step explanation:

amount=900

principal=750

rate=5%

A=I+P

900-750=I

150=I

I=(PXRXT)/100

150X100=750X5XT

15X10=75X5XT

1X2=5X1XT

2/5=T

0.4=T

4Months