how long will it take 240 to amount to 360 at 20% per annum interest
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Total amount ,I = 360
Principal ,P = 240
Rate if interest , R = 20%
Time , T = ?
I = P x R x T
360 = 240 × 20 × T
360/240×20 = T
T = 3/4th of the year
means 9 months
PLEASE BRAINLIEST ANSWER
Principal ,P = 240
Rate if interest , R = 20%
Time , T = ?
I = P x R x T
360 = 240 × 20 × T
360/240×20 = T
T = 3/4th of the year
means 9 months
PLEASE BRAINLIEST ANSWER
themonotonuspan:
It's wrong
kk
SI will be 360-240.
what i know that only i did
kk
Don't do that if you are not sure about the answer. It's not a joke, someone might be asking questions for his/her exams then your answers can cost that person.
Answered by
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According to the formula,
T = SI×100÷P×R
Till now we don't know the interest, so we need to find it.
SI = 360-240
SI = 120
Now solving it,
T = SI×100÷P×R
T = 120×100÷240×20
T = 12000÷4800
T = 2.5 years
T = SI×100÷P×R
Till now we don't know the interest, so we need to find it.
SI = 360-240
SI = 120
Now solving it,
T = SI×100÷P×R
T = 120×100÷240×20
T = 12000÷4800
T = 2.5 years
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