Question

how long will take ₹3000 to become ₹4080 at 4% per annum with explanation

Answer 1

how long will take ₹3000 to become ₹4080 at 4% per annum with explanation

Answer:

9 ʏʀs is your answer.

Step-by-step explanation:

We know that,

Interest= Final amount - Principal amount

Thus I = Rs4080 - Rs3000

=> Rs1080

Now,

Interest= Principal × rate× time/ 100

Thus,

1080= 3000 × 4 × T/100

=>1080×100/3000×4 =T

.•.T = 9 Years. (Ans)

Hope it hlps u mateꨄ︎

Good night✯★