Question

find the time in which 1200 will amount to 1536 at 3.5 % per year

Answer 1

Principal=rs.1200
Amount=1536
Rate=3.5%
Let the time be x
SI=PRT/100
=1200×3.5×x/100
=42x
SI+Principal=Amount
42x+1200=1536
42x=1536-1200=336
x=336/42=8
rs.1200 will amount to rs.1536 in 8 years at 3.5% rate.

Answer 2

Answer:

1200 will amount to rs. 1536 in 8 years at 3.5% rate.