Math, asked by ronitdas777, 23 hours ago

How long will it take for ₹ 1860 invested at the rate of 9.5% per annum simple interest to amount to ₹ 2449?​

Answers

Answered by jjothip1813
3

Answer:

3 years 4 months

Step-by-step explanation:

Principal (P) =Rs.1860

Amount (A) =Rs.12449

S.I.=A−P=Rs.2445−Rs.1860=Rs.589

Rate(R)=9.5%p.a.= 19/2 % p.a.  

∴Time= S.I. x 100 / P x R  

= 589×100×2 / 1860×19  

= 10/3 years.

​= 3 1/3 years = 3 years 4 months

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