how long it will take 3000 to become 3500 at 5% per annum simple intrest
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Answer:
If P denotes the principal ($), R denotes the rate (percentage p.a.) and T denotes time (years), then:-
S.I = (P × R × T)/100
R = (S.I × 100)/(P × T)
P = (S.I × 100)/(R × T)
T = (S.I × 100)/(P × R)
If the denotes the amount, then A = P + S.I
Step-by-step explanation:
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