Math, asked by reemaverma8174, 5 months ago

find time if roshan has 48000/- in bank account and get 2400/- as simple interest at the rate of 5% p.a

Answers

Answered by NikitaDutta2007

1

Answer:

1 year

Step-by-step explanation:

P = 48000/-

R = 5% p.a

Simple interest = 2400/-

Therefore

T= S.I. × 100 ÷ PR

= 2400 × 100 ÷ 48000 × 5

= 1

Time period = 1 year

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