Question

how long will take for RS 2500 invested at a rate of 8percentperannum amount to Rs 3100

Answer 1

Answer:

Principle=Rs.2500.

Amount=Rs.3100

Interest=Amount-Principle.

Interest=Rs.3100-Rs.2500.

Interest=Rs.600.

Rate Of Interest=8%.

Time=I*100/P*R

Time=600*100/2500*8

Time=60000/20000

Time=3 years......(answer).

Step-by-step explanation:

HOPE THIS WILL HELP YOU:)