Math, asked by charanG24, 11 months ago

how long will it take for a sum of 12600 invested at 9% per annum come to 15624

Answers

Answered by Aathish07

Answer is it will take 2 years and 8 months

Explanation :-
Principle = 12600
Rate = 9%
S.I = amount - principle
= 15624 - 12600
= 3024

Time = S.I x 100 / P x R
= 3024 x 100 / 12600 x 9
= 8/3
= 2 years and 8 months

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