Question

how long will it take rs1500 to become rs2040 at 8%per anum simple interest​

Answer 1

Step-by-step explanation:

Given , Principal=1500

The total amount =2040 so the interest obtained =540 rupees..

We know that simple interest=Principal×time×rate divided by hundred..

So, 540×100=1500×T×8

T=4.5 years.

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