find the time in which rupees 2000 will amount to rupees 2300 at 11% p.a
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HELLO.!!!!
SOLUTION :-
PRINCIPAL(P)=$2000
AMOUNT(A) =$2300
then, S.I = A-P =$(2300-2000)=$300
RATE =11%pa
so, TIME = S.I ×100/P×R
= 300×100/2000×11
=30000/2000×11
=30/11
=2.727272 year.
Hope it's helped you. .
_________
________________.
SOLUTION :-
PRINCIPAL(P)=$2000
AMOUNT(A) =$2300
then, S.I = A-P =$(2300-2000)=$300
RATE =11%pa
so, TIME = S.I ×100/P×R
= 300×100/2000×11
=30000/2000×11
=30/11
=2.727272 year.
Hope it's helped you. .
_________
________________.
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