Question

Find the time period for the following. Principal=rs1080, Rate= 3 1,/3 p.a., interest=rs420​

Answer 1

Answer: Time = 12

Step-by-step explanation:

I = (P×N×R)/100

420 = (1080×N×3.33)100

420×100=1080×3.33×N

42000=3600N

42000/3600=N

11.67=N :.N = 12

Therefore, time i.e. is 12