Question

Given the principal as Rs.3500 ,the interest as Rs.700
and rate is 4% per annum .calculate of Time?
Find the amount and compound interest Rs.1,25,000 is
invested for 9 years at 8 % per annum compounded
quarterly​

Answer 1

Step-by-step explanation:

Given

Principal =Rs.3500

Interest =Rs.700

Rate of interest=4%p.a.

Let time be x years.

By the condition,

700= (3500× 4 × x)/100

By calculating,we get

x=5

Hope it will help you...