Question

harsh borrowed rs.12000 from bank at 6% per annum. he returned rs.15600.wat is the time period

Answer 1

harsh borrowed rs.12000 from bank at 6% per annum. he returned rs.15600.wat is the time period

Answer 2

answer:

I=(P*R*T)/100

where. P=principal

R=interest rate

T=time.

I=interest amount

(100*I)/*P*R=T

T=(100*(15600-12000))/12000*6

T=360000/72000

T=360/72

T=5

therefore the time period was 5 years

hope it helps