how long will it take for rupees 2500 invest at the rate of 6% per annum simple interest to rupee 3100
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Step-by-step explanation:
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Answer:
Time = 4 Years
Step-by-step explanation:
P = Rs 2500
R = 6%
T = UNKNOWN
AMOUNT = P + SI
3100 = 2500 + SI
SI = 600 RS
Rs 600 = 2500 * 6 * T / 100
Rs 600 = 25 * 6 * T / 1
25 * 6 * T = 600 * 1
T = 600 * 1 / 25 * 6
T = 600 / 150
T = 4 YEARS
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