Question

How long would Rs 31000 have to be invested at a markup rate of 6% per year to gain 5332?

Answer 1

Answer:

5332=31000*6*t/100

5332/(310*6)=t

t=2 year 8 mont

IF INVESTMENT IS ON SIMPLE INTEREST BASE

Answer 2

Answer:

mark me the BRAINLIEST plzplz i gived you explanation

Step-by-step explanation:

answer

as amount=I+P=31000+5332=36332

rate=6percent

principal=31000

time=n

so

A=P(1+R/100)n

36332=31000(106/100)n

36332/31000=(106/100)n

1.172=(1.06)

(1.06)^2.8=(1.06)^2.8

so 2 yrs and 8 month is the answer