Question

find time when
p=2500
r=8%
SI=3100​

Answer 1

Answer:

15.5 years

Step-by-step explanation:

Given, P = 2500 ; R = 8% ; S.I = 3100

To Find: N (number of years)

S.I = P*N*R/100

3100 = 2500*N*8/100

3100*100/(2500*8) = N

31*100/(25*8) = N

31/2 = N

N = 15.5 years