Question

find the time period for the following SI = 10,920 P = ₹70,000 R = 5.2 % p.a

please answer my question ​

Answer 1

Given,

SI = 10,920

P = ₹70,000

R = 5.2 %

$T = \frac{10920 \times 100}{70000 \times 5.2}$

$\: \: \: \: = \frac{10920 \times 1000}{70000 \times 52}$

$= 3 \: years$