Math, asked by sunnyraj4187, 1 year ago

How much investment is required to yield an annual income of RS 420 at the rate of 7% p.a. by simple interest?

Answers

Answered by haridasan85
8

Answer:

p=loox I/NR

=100x420 / 1x7=6ooo

Rs6ooo is to be invested

Answered by p4216107
0

Step-by-step explanation:

A=P+SI

420=P+SI

SI =x*7*1/100=0.07x

x=420/0.07=6000

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