Question

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

Answer 1

Answer:

Step-by-step explanation:

P= 1860

R=9.5%

A=2449

SI= A-P = 2449 - 1860 = 589

T = (SI ×100) / (P×R)

=589×100 / 1860×9.5

= 3.33 years or 3years 4month